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Moreno v. Marathon Digital Holdings, Inc. et al
Case Number:
2:23-cv-00470
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Nature of Suit:
Multi Party Litigation:
Class Action
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August 07, 2024
Marathon Digital Wants Investors' Accounting Suit Tossed
Crypto miner Marathon Digital Holdings Inc. has asked a Nevada federal judge to dismiss a proposed class action alleging it misstated its revenue as a result of ineffective financial controls, arguing the suit "attempts to convert a routine correction of two discrete technical accounting issues" into a securities fraud claim.
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April 01, 2024
2 Firms To Rep Marathon Digital Investors In Accounting Suit
Pomerantz LLP and the Schall Law Firm have beaten out two other legal teams to represent a proposed class of investors in a suit alleging crypto miner Marathon Digital misstated its revenue as a result of ineffective financial controls.