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On October 6, 2020, Marathon entered into a series of agreements with multiple parties to design and built a data center in Hardin, Montana, and issued 6 million restricted Marathon common shares in connection with the agreements. Following this, on November 15, 2021, Marathon disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission to produce documents and communications concerning the Hardin data facility. On this news, Marathon's stock price fell $20.52 per share, or 27.03%, to close at $55.40 per share on November 15, 2021.
In order to be eligible to join the MARA class action lawsuit, you must have incurred a loss on shares of Marathon purchased during the class period listed above.
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