The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired CleanSpark, Inc. (“CleanSpark” or the “Company”) (NASDAQ: CLSK) securities during the period from December 31, 2020 through January 14, 2021, inclusive (the “Class Period”). Investors have until March 22, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
On January 14, 2021, Culper Research published a report alleging, among other things, that CleanSpark has “fabricated key elements of its business, including purported customers and contracts” and that it is “rife with undisclosed related party transactions.”
On this news, CleanSpark’s shares fell $3.63 per share, or 9.23%, to close at $35.71 per share on January 14, 2021.
If you purchased or otherwise acquired CleanSpark securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at email@example.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.