OKLAHOMA CITY – (BUSINESS WIRE) – Federman & Sherwood announces that a class action lawsuit was filed against Cleanspark, Inc. (NASDAQ: CLSK) in the U.S. District Court for the Southern Borough of New York on January 20, 2021. The complaint alleges violations of federal securities laws, Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and rule 10b-5, including allegations of a number of material or misrepresentations being brought into the market that had the effect of artificially increasing the market price during the class period from December 31, 2020 to January 14, 2021.
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Plaintiff is seeking damages on behalf of all shareholders of Cleanspark, Inc. who purchased common stock during the class period and are therefore members of the class as described above. You can move the court as the lead plaintiff for the entire class no later than Monday, March 22, 2021. However, to do this, you must meet certain legal requirements under the Private Securities Litigation Reform Act of 1995.
If you would like to discuss this action, seek further information and participate in this or any other securities dispute, or have any questions or concerns regarding this notice or the safeguarding of your rights, please contact:
FEDERMAN & SHERWOOD
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Oklahoma City, OK 73120
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