NOTICE For Investors In NASDAQ: CLSK Shareholder Notice: Update in Lawsuit against CleanSpark, Inc. announced by Shareholders Foundation

May 25, 2021 7:30 AM EDT | Source: Shareholders Foundation

San Diego, California--(Newsfile Corp. - May 25, 2021) - The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NASDAQ: CLSK shares.

Investors, who purchased shares of CleanSpark, Inc. (NASDAQ: CLSK), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On January 20, 2021, a lawsuit was filed against CleanSpark, Inc. over alleged violations of securities laws. The plaintiff alleges that the defendants failed to disclose to investors that the Company had overstated its customer and contract figures, that several of the Company's recent acquisitions involved undisclosed related party transactions, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased CleanSpark, Inc. (NASDAQ: CLSK) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/85077

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