NASDAQ: MARA

Marathon Digital Holdings, Inc.

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Marathon Digital Holdings, Inc. (NASDAQ: MARA) between May 10, 2021 and February 28, 2023, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 30, 2023.

If you purchased Marathon Digital Holdings securities and would like to join the action, please click “Join This Class Action.”

Class Period:May 10, 2021 through February 28, 2023
If you purchased Marathon Digital Holdings securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that:

  • the Company overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting;
  • as a result, the Company’s revenues and cost of revenue were materially misstated during the Class Period;
  • the foregoing, once revealed, was reasonably likely to have a material negative impact on the Company’s financial condition; and
  • as a result, the Company’s public statements were materially false and misleading at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Company Name: Marathon Digital Holdings, Inc.
Stock Symbol: MARA
Class Period: May 10, 2021 and February 28, 2023
Court: United States District Court District of Nevada

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The Rosen Law Firm has been ranked among the top 4 law firms each year since 2013 for the number of successful securities class actions on behalf of investors. In 2019 alone, our firm recovered $438 million for investors.

Investors should carefully identify and select experienced counsel with a track record of success leading securities class actions. Often other firms issue press releases about class actions yet do not have comparable experience or resources.

Institutional Shareholders Services ranked the Rosen Law Firm # 1 for the number of securities class action recoveries in 2017.

The Rosen Law Firm represents investors throughout the globe. Our mission is to prosecute securities fraud class actions and protect shareholders’ rights.

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