Marathon shareholders file lawsuit towards administration

4
359

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 court docket.

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 embrace violations of US securities legal guidelines, breaches of fiduciary responsibility, unjust enrichment, and waste of company property.

Learn extra on Cointelegraph

See also  Polygon Proposes “Polygon 2.0” Structure Together with Aggregator Bridge

Comments are closed.