BENSALEM, Pa., November 16, 2021–(BUSINESS WIRE)–Law Offices of Howard G. Smith announces an investigation on behalf of Marathon Digital Holdings, Inc. (“Marathon” or the “Company”) (NASDAQ: MARA) investors concerning the Company’s possible violations of federal securities laws.
On November 15, 2021, before the market opened, Marathon revealed that during its third quarter 2021, “the Company and certain of its executives received a subpoena to produce documents and communications concerning the Hardin, Montana data center facility” described in Marathon’s Form 8-K dated October 13, 2020.
On this news, Marathon’s stock price fell $20.52, or 27%, to close at $55.40 per share on November 15, 2021, thereby injuring investors.
If you purchased Marathon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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