Marathon shareholders file lawsuit towards administration

8
403

Marathon Digital, a U.S.-based cryptocurrency mining firm, after shareholders allege that CEO Fred Thiel, together with different executives, violated their fiduciary duties, unfairly enriched their pockets and squandered company property. , heading to courtroom.

Shareholder complaints towards Fred Thiel and 9 different Marathon executives It has been submitted Firm executives have been sued primarily based on 5 allegations. These embody violations of US securities legal guidelines, breaches of fiduciary obligation, unjust enrichment, and waste of company property.

Learn extra on Cointelegraph

See also  BlockDAG's growth launch 33 introduces superior off-chain information integration, sparking investor enthusiasm and sending coin costs hovering 750%

Comments are closed.