{"id":457147,"date":"2021-03-13T13:12:28","date_gmt":"2021-03-13T18:12:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457147"},"modified":"2021-03-13T13:12:28","modified_gmt":"2021-03-13T18:12:28","slug":"btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\/","title":{"rendered":"BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">RADNOR, Pa., March  13, 2021  (GLOBE NEWSWIRE) &#8212; The law firm of Kessler Topaz Meltzer &amp; Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. (NASDAQ: BTBT) (\u201cBit Digital\u201d) on behalf of those who purchased or acquired Bit Digital securities <strong><em>between December 21, 2020 and January 8, 2021<\/em><\/strong>, inclusive (the \u201cClass Period\u201d).<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Investor Deadline Reminder: Investors who purchased or acquired Bit Digital securities<\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em>during the Class Period may, <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em><br \/>\n            <u>no later than March 22, 2021<\/u><br \/>\n          <\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em>, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer &amp; Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435); toll free at (844) 887-9500; via e-mail at<\/em><br \/>\n        <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9HznzJ2jsnzGKGnZ6s2lAQpL7-DWxEKLuoGnhmmE_Bhd3kmp9mql5L-Z_toqiQ2UFSGuBDWFokI52DJQHVlwJA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@ktmc.com<\/a>; <strong>or<\/strong><strong><em>click <\/em><\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ILN2ZbTnfMuGdYHv6F9hrR90Ka8WbcBEsBoXYTQuGHCa4N9Y8dPPFEZs8eHk5z0R1GT46SoogE8ELI9KqE3K3cvZV8oeK_2YW3n3gqPIISayiAczazjdfp7HME9vUu8h8Xu9CtVawMAd46UYRDs_cjhkWcht3Urbhs7xV4gneILLMtTKtW4J6o81VgMABi87Qt_R8Qk-v_dRiaB553hnDhrZYS4PZwIQwCR7Z1oX26KU6d1VCUbcAW2n2uIFY13bNAncaXN701MJpsYF5mXv5L5b1LQLMYhQSFc5qwyZs9N61ecewUxxPY1aQYuDYD24gLtxMp5pXsP6xU8cO7CPg88zZZ5APwmu38K6R4Q5Kdw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.ktmc.com\/bit-digital-inc-securities-class-action?utm_source=PR&amp;utm_medium=link&amp;utm_campaign=bitdigital<\/a><\/p>\n<p align=\"justify\">According to the complaint, Bit Digital is a holding company that engages in the bitcoin mining business through its wholly owned subsidiaries in the United States and Hong Kong.<\/p>\n<p align=\"justify\">On January 11, 2021, J Capital Research (\u201cJ Capital\u201d) issued a research report alleging, among other things, that Bit Digital operates \u201ca fake crypto currency business . . . designed to steal funds from investors.\u201d Though Bit Digital claims \u201cit was operating 22,869 bitcoin miners in China,\u201d J Capital alleged that \u201cis simply not possible\u201d and stated that \u201c[w]e verified with local governments supposedly hosting the BTBT mining operation that there are no bitcoin miners there.\u201d\u00a0\u00a0 Following this news, Bit Digital\u2019s stock price fell $6.27 per share, or 25%, to close at $18.76 per share on January 11, 2021.<\/p>\n<p align=\"justify\">Bit Digital investors may, <strong><em><u>no later than March 22, 2021<\/u><\/em><\/strong>, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer &amp; Check, LLP or other counsel, or may choose to do nothing and remain an absent class member.\u00a0 A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.\u00a0 In order to be appointed as a lead plaintiff, the Court must determine that the class member\u2019s claim is typical of the claims of other class members, and that the class member will adequately represent the class.\u00a0 Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.<\/p>\n<p align=\"justify\">Kessler Topaz Meltzer &amp; Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer &amp; Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. \u00a0The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).\u00a0 The complaint in this action was not filed by Kessler Topaz Meltzer &amp; Check, LLP. For more information about Kessler Topaz Meltzer &amp; Check, LLP please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oo_bqCWNr2vhRidXJmOf7_jCftCel4zGvEgs-NsbNAqQu69wOGo3Zi7fX1-tsCVKSnNKcXnBMmc2ZrLG99xDDA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.ktmc.com<\/a>.<\/p>\n<p>CONTACT:<\/p>\n<p>Kessler Topaz Meltzer &amp; Check, LLP<br \/>James Maro, Jr., Esq.<br \/>Adrienne Bell, Esq.<br \/>280 King of Prussia Road<br \/>Radnor, PA 19087<br \/>(844) 887-9500 (toll free)<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9HznzJ2jsnzGKGnZ6s2lAXcZIESou3CYVIYODZlikBPABf0Th5MHA4fgbUzvGoumZbR-sBBfSFLuWctvUAxJlA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@ktmc.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTUyNyM0MDYyNDI1IzIwMTkzMTI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/abcbc9b8-fc0b-4ac2-8f16-2c04be7ece88\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>RADNOR, Pa., March 13, 2021 (GLOBE NEWSWIRE) &#8212; The law firm of Kessler Topaz Meltzer &amp; Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. (NASDAQ: BTBT) (\u201cBit Digital\u201d) on behalf of those who purchased or acquired Bit Digital securities between December 21, 2020 and January 8, 2021, inclusive (the \u201cClass Period\u201d). Investor Deadline Reminder: Investors who purchased or acquired Bit Digital securities during the Class Period may, no later than March 22, 2021 , seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457147","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RADNOR, Pa., March 13, 2021 (GLOBE NEWSWIRE) &#8212; The law firm of Kessler Topaz Meltzer &amp; Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. (NASDAQ: BTBT) (\u201cBit Digital\u201d) on behalf of those who purchased or acquired Bit Digital securities between December 21, 2020 and January 8, 2021, inclusive (the \u201cClass Period\u201d). Investor Deadline Reminder: Investors who purchased or acquired Bit Digital securities during the Class Period may, no later than March 22, 2021 , seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation &hellip; Continue reading &quot;BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-13T18:12:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTUyNyM0MDYyNDI1IzIwMTkzMTI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; 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Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\/","og_locale":"en_US","og_type":"article","og_title":"BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit - Market Newsdesk","og_description":"RADNOR, Pa., March 13, 2021 (GLOBE NEWSWIRE) &#8212; The law firm of Kessler Topaz Meltzer &amp; Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. (NASDAQ: BTBT) (\u201cBit Digital\u201d) on behalf of those who purchased or acquired Bit Digital securities between December 21, 2020 and January 8, 2021, inclusive (the \u201cClass Period\u201d). Investor Deadline Reminder: Investors who purchased or acquired Bit Digital securities during the Class Period may, no later than March 22, 2021 , seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation &hellip; Continue reading \"BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action Lawsuit\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-13T18:12:28+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4OTUyNyM0MDYyNDI1IzIwMTkzMTI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/btbt-shareholder-reminder-kessler-topaz-meltzer-check-llp-reminds-shareholders-of-bit-digital-inc-of-deadline-in-securities-fraud-class-action-lawsuit\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"BTBT SHAREHOLDER REMINDER: Kessler Topaz Meltzer &amp; 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