ROSEN, A LEADING LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against CleanSpark, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm – CLSK | Business

NEW YORK – (BUSINESS WIRE) – January 25, 2021–

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of buyers of the securities of CleanSpark, Inc. (NASDAQ: CLSK) between December 31, 2020 and January 14, 2021, inclusive of “School Lesson” ). The lawsuit aims to seek damages for CleanSpark investors under federal securities laws.

According to the lawsuit, throughout the class period, defendants made false and / or misleading statements and / or failed to disclose that: (1) the company overestimated its customer and contract numbers; (2) Several of the Company’s recent acquisitions involved undisclosed related party transactions. and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations and prospects were materially misleading and / or lacking a reasonable basis. When the real details hit the market, the lawsuit alleged that investors suffered damage.

A class action lawsuit has already been filed. If you want to serve as the lead plaintiff, you must transfer the court no later than March 22, 2021. A lead plaintiff is a representative party who acts on behalf of other class members in directing the dispute. To join the litigation, visit http://www.rosenlegal.com/cases-register-2025.html or contact Phillip Kim, Esq. To discuss your rights or interests regarding this class action lawsuit . the law firm Rosen free of charge at 866-767-3653 or by email at pkim@rosenlegal.com or case@rosenlegal.com.

NO CLASS HAS BEEN CERTIFIED IN THE ABOVE PROMOTION. Until a class is certified, you will not be represented by the advisor unless you keep one. You can keep the advice of your choice. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. An investor’s ability to get involved in a potential future recovery does not depend on being the lead plaintiff.

Rosen law firm represents investors around the world and focuses on class action and shareholder derivatives litigation. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for number of class action settlements in 2017. The firm has been voted one of the top 3 every year since 2013. The Rosen law firm has filed its largest class action lawsuit ever for securities against a Chinese company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and reputable sources. Rosen law firm has raised hundreds of millions of dollars for investors. Lawyer advertising. Previous results do not guarantee a similar result.

CONTACT: Laurence Rosen, Esq.

275 Madison Avenue, 40th floor

Toll Free: (866) 767-3653

KEYWORD: CHINA UNITED STATES NORTH AMERICA ASIA PACIFIC NEW YORK

KEYWORD IN INDUSTRY: LEGAL PROFESSIONAL SERVICES

SOURCE: The Rosen, PA law firm

Copyright Business Wire 2021.

PUB: 01/25/2021 12:15 p.m. / DISC: 01/25/2021 12:15 p.m.

Copyright Business Wire 2021.

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