MARA LAWSUIT ALERT: Levi & Korsinsky Notifies Marathon Digital Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

New York, New York--(Newsfile Corp. - April 24, 2023) - Levi & Korsinsky, LLP notifies investors in Marathon Digital Holdings, Inc. ("Marathon" or the "Company") (NASDAQ: MARA) of a class action securities lawsuit.

The lawsuit on behalf of Marathon investors has been commenced in the United States District Court for the District of Nevada. Affected investors purchased or otherwise acquired certain Marathon Digital Holdings, Inc. securities between May 10, 2021 and February 28, 2023. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/marathon-lawsuit-submission-form?prid=38521&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

Marathon Digital Holdings, Inc. NEWS - MARA NEWS

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's 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's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in Marathon during the relevant timeframe, you have until May 30, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://zlk.com/pslra-1/marathon-lawsuit-submission-form?prid=38521&wire=5 or call 212-363-7500 to discuss the case.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & 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 & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163555