MARA SHAREHOLDER ALERT: Jakubowitz Law Reminds Marathon Shareholders of a Lead Plaintiff Deadline of February 15, 2022

NEW YORK, Jan. 28, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Marathon Digital Holdings, Inc. f/k/a Marathon Patent Group, Inc. (NASDAQ: MARA).

To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/marathon-digital-holdings-inc-f-k-a-marathon-patent-group-inc-loss-submission-form/?id=22666&from=4

The lawsuit seeks to recover losses for shareholders who purchased Marathon between October 13, 2020 and November 15, 2021.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until February 15, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Marathon Digital Holdings, Inc. f/k/a Marathon Patent Group, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the Beowulf Joint Venture, as it related to the Hardin Facility, implicated potential regulatory violations, including U.S. securities law violations; (ii) as a result, the Beowulf Joint Venture subjected Marathon to a heightened risk of regulatory scrutiny; (iii) the foregoing was reasonably likely to have a material negative impact on the Company's business and commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE Jakubowitz Law

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