{"id":750416,"date":"2023-04-24T14:59:20","date_gmt":"2023-04-24T18:59:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mara-lawsuit-alert-levi-korsinsky-reminds-marathon-digital-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-3\/"},"modified":"2023-04-24T14:59:20","modified_gmt":"2023-04-24T18:59:20","slug":"mara-lawsuit-alert-levi-korsinsky-reminds-marathon-digital-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mara-lawsuit-alert-levi-korsinsky-reminds-marathon-digital-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-3\/","title":{"rendered":"MARA LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  24, 2023  (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in <strong>Marathon Digital Holdings, Inc. <\/strong>(&#8220;Marathon&#8221; or the &#8220;Company&#8221;) (NASDAQ: MARA) of a class action securities lawsuit.<\/p>\n<p>\n        <strong>CLASS DEFINITION: <\/strong>The lawsuit seeks to recover losses on behalf of Marathon investors who purchased or otherwise acquired certain Marathon Digital Holdings, Inc. securities between May 10, 2021 and February 28, 2023.<\/p>\n<p>\n        <a href=\"https:\/\/zlk.com\/pslra-1\/marathon-lawsuit-submission-form?wire=3\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/marathon-lawsuit-submission-form?wire=3<\/a>\n      <\/p>\n<p>\n        <strong>MARA<\/strong> investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500.<\/p>\n<p>\n        <strong>CASE DETAILS: <\/strong>The filed complaint alleges that defendants made false statements and\/or concealed that: (i) the Company overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting; (ii) as a result, the Company\u2019s revenues and cost of revenue were materially misstated during the class period; (iii) the foregoing, once revealed, was reasonably likely to have a material negative impact on the Company\u2019s financial condition; and (iv) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n<p>\n        <strong>WHAT&#8217;S NEXT? <\/strong>If you suffered a loss in Marathon during the relevant time frame, you have until <strong>May 30, 2023<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <strong>NO COST TO YOU: <\/strong>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <strong>There is no cost or obligation to participate.<\/strong><\/p>\n<p>\n        <strong>WHY LEVI &amp; KORSINSKY: <\/strong>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services\u2019 Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>55 Broadway, 4th Floor Suite #427<br \/>New York, NY 10006<br \/>jlevi@levikorsinsky.com<br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/>www.zlk.com<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNDI4MCM1NTUzODAwIzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NDdiMzJjYjItNTEyMC00MWIzLTllZDItZjAwYTcwNWUwYjliLTEwMzIyOTM=\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in Marathon Digital Holdings, Inc. (&#8220;Marathon&#8221; or the &#8220;Company&#8221;) (NASDAQ: MARA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Marathon investors who purchased or otherwise acquired certain Marathon Digital Holdings, Inc. securities between May 10, 2021 and February 28, 2023. https:\/\/zlk.com\/pslra-1\/marathon-lawsuit-submission-form?wire=3 MARA investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) the Company overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting; (ii) as a result, the Company\u2019s revenues &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mara-lawsuit-alert-levi-korsinsky-reminds-marathon-digital-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MARA LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&#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-750416","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MARA LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - 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\/mara-lawsuit-alert-levi-korsinsky-reminds-marathon-digital-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MARA LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in Marathon Digital Holdings, Inc. (&#8220;Marathon&#8221; or the &#8220;Company&#8221;) (NASDAQ: MARA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Marathon investors who purchased or otherwise acquired certain Marathon Digital Holdings, Inc. securities between May 10, 2021 and February 28, 2023. https:\/\/zlk.com\/pslra-1\/marathon-lawsuit-submission-form?wire=3 MARA investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) the Company overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting; (ii) as a result, the Company\u2019s revenues &hellip; Continue reading &quot;MARA LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mara-lawsuit-alert-levi-korsinsky-reminds-marathon-digital-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-24T18:59:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgyNDI4MCM1NTUzODAwIzIwMjA0MjY=\" \/>\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=\"2 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\\\/mara-lawsuit-alert-levi-korsinsky-reminds-marathon-digital-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mara-lawsuit-alert-levi-korsinsky-reminds-marathon-digital-holdings-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MARA LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Marathon Digital Holdings, Inc. 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CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Marathon investors who purchased or otherwise acquired certain Marathon Digital Holdings, Inc. securities between May 10, 2021 and February 28, 2023. https:\/\/zlk.com\/pslra-1\/marathon-lawsuit-submission-form?wire=3 MARA investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) the Company overstated the efficacy of its disclosure controls and procedures and internal control over financial reporting; (ii) as a result, the Company\u2019s revenues &hellip; Continue reading \"MARA LAWSUIT ALERT: Levi &amp; Korsinsky Reminds Marathon Digital Holdings, Inc. 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