Trending...
- Perfexion Inc. Recognized in the Philadelphia Business Journal's 2026 Branding, Marketing and Media Services List
- Birch Run Psychological Services Launches Updated Online Therapy Website
- THE OIL TRUTH: They Never Wanted Us To Remember: How Engineered Scarcity Kept America In Chains For Generations
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Marathon Digital Holdings, Inc. ("Marathon" or the "Company") (NASDAQ: MARA) investors concerning the Company's possible violations of federal securities laws.
On February 28, 2023, Marathon announced that it was unable to timely file its fourth quarter and full year 2022 financial results and would reissue financial statements dating back to 2021 after an inquiry conducted by the SEC flagged several accounting errors.
On this news, Marathon's stock price fell $0.59, or 8.3%, to close at $6.51 per share on March 1, 2023, thereby injuring investors.
Then, on March 16, 2023, after market hours, Marathon released its fourth quarter and fiscal year 2022 financial results, reporting a net loss of $686.7 million for 2022.
More on The PennZone
On this news, Marathon's stock price fell during after-hours trading on March 16, 2023, thereby injuring investors further.
If you purchased Marathon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
On February 28, 2023, Marathon announced that it was unable to timely file its fourth quarter and full year 2022 financial results and would reissue financial statements dating back to 2021 after an inquiry conducted by the SEC flagged several accounting errors.
On this news, Marathon's stock price fell $0.59, or 8.3%, to close at $6.51 per share on March 1, 2023, thereby injuring investors.
Then, on March 16, 2023, after market hours, Marathon released its fourth quarter and fiscal year 2022 financial results, reporting a net loss of $686.7 million for 2022.
More on The PennZone
- USA Air Management Marks 30 Years of Air Duct Cleaning in NJ Urges Homeowners to Schedule Dryer Vent Cleaning Before Heating Season
- Dr. Jay Johannigman Returns to Cincinnati Following 46 Years of Military Service
- Mud Morganfield Bares His Soul on 7" Single, 'Deep Gospel'
- Allstream Energy Partners, SEO Experts in Oil and Gas, Awarded Gas Processing OEM Agreement
- Growth Story Expands: $54.6M Contract, $30M Revenue Run Rate, 800+ Customers, 50+ Patents & New AI Cybersecurity Products for Cycurion, Inc $CYCU
On this news, Marathon's stock price fell during after-hours trading on March 16, 2023, thereby injuring investors further.
If you purchased Marathon securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
0 Comments
Latest on The PennZone
- Affordable Braces in Allentown Made Accessible Through Exeter Smiles' Flexible Payment Options
- PropAccount.com Launches Marketing Hub Within PropGenie, Giving Prop Firm Operators an Automated Marketing Team
- Save 15 Percent Off Florida Keys Accommodations with KeysCaribbean's Advance Purchase Rate Discount
- Perfexion Inc. Named to the Philadelphia Business Journal's 2026 List of Largest Tech Employers
- Woodside Rehab & Nursing Enters a New Era of Clinical Excellence and Growth
- Thar Process Partners with French Leader ExtrateX to Bring Prep to Process-Scale SFC to Europe
- Vegan Chef KESS Celebrates Parade.com Feature and Expands Into Wedding Catering
- Port St. Lucie REALTOR® Irene Pernice Earns SFR® Certification
- AMR and UAS Take the Stage at WorldSkills Shanghai 2026
- Benchmark International Facilitated the Trans of P&Ro Solutions Group and FOCUS Learning Corporation
- Biophysical Therapeutics brings longevity science to skincare with its new IF1 brand
- JoCa's Echoes of Haworth Sells Out on Opening Night in Mexico City; Artist Heads to San Luis Potosí and Miami Art Week
- Home2 Suites by Hilton Lee's Summit, MO Opens to Guests
- Shanghai Chengwei Semiconductor Equipment Launches High Precision Laboratory Central Gas Supply System
- Your Local Pro Expands National Service Network to 273+ Locations Across Plumbing, Cleaning, Landscaping and Hydrovac
- YWCA Hanover to Host Ribbon Cutting for New Children's Learning Academy
- Acuvance Coker Study Finds Experience, Not Supply, Is the Biggest Advanced Practice Provider Workforce Challenge
- Uk Financial Moonshot Token™ Robinhood-chain Goes Live On Tokpie Exchange Tomorrow, With Solana Side Of UKFLMS To Follow In Global Listing Expansion
- THE OIL TRUTH: They Never Wanted Us To Remember: How Engineered Scarcity Kept America In Chains For Generations
- Solid Earth's new "Welcome to Real Estate" campaign introduces RealtyID™: Know Before Your Open the Door