Marathon Digital Holdings Requests to Dismiss Class Action Filed by Investors

Court: D. Nevada

Case: 23-CV-00470

Marathon Digital Holdings has requested the court to dismiss the lawsuit filed by investors. The court will determine whether the case proceeds.

What is this lawsuit about?

On February 28, 2023, Marathon announced that it received a letter from the SEC relating to accounting errors and that it postponed the publication of its financial results.

Following this, MARA dropped over 8%.

Then, on March 30, 2023, shareholders filed a claim against Marathon Digital Holdings.

What can you do to recover your losses now?

We’re keeping track of all updates and will notify MARA investors about potential recovery.

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.