Marathon shareholders file lawsuit towards administration


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.

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