Glancy Prongay & Murray LLP, a Primary Securities Fraud Law Company, Announces Investigation of CleanSpark, Inc. (CLSK) on Behalf of Investors

LOS ANGELES–(Business WIRE)–Jan 19, 2021–

Glancy Prongay & Murray LLP (“GPM”), a main national shareholder legal rights law firm, nowadays introduced that it has commenced an investigation on behalf of CleanSpark, Inc. (“CleanSpark” or the “Company”) (NASDAQ: CLSK ) investors concerning the Company’s probable violations of the federal securities rules.

If you suffered a loss on your CleanSpark investments or would like to inquire about likely pursuing promises to recuperate your decline beneath the federal securities rules, you can submit your call info at https://www.glancylaw.com/conditions/cleanspark-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free of charge at 888-773-9224, or by means of electronic mail at [email protected] to learn additional about your rights.

On January 14, 2021, Culper Analysis printed a report titled “Cleanspark (CLSK): Back again to the Trash Can,” alleging, amid other issues, that CleanSpark has “fabricated critical elements of its organization, which include purported shoppers and contracts” and is also “rife with undisclosed relevant celebration transactions.”

On this information, the Company’s shares fell $3.63 per share, or 9.23%, to close at $35.71 for every share on January 14, 2021, thus injuring traders.

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Whistleblower Detect: Folks with non-community data relating to CleanSpark must look at their options to support the investigation or take edge of the SEC Whistleblower System. Beneath the method, whistleblowers who offer original data may perhaps acquire benefits totaling up to 30 p.c of any effective restoration made by the SEC. For much more details, get in touch with Charles H. Linehan at 310-201-9150 or 888-773-9224 or e mail [email protected].

About GPM

Glancy Prongay & Murray LLP is a premier law organization symbolizing buyers and people in securities litigation and other intricate class motion litigation. ISS Securities Course Action Expert services has continually rated GPM in its once-a-year SCAS Leading 50 Report. In 2018, GPM was ranked a top rated five regulation organization in number of securities class action settlements, and a top six legislation agency for total dollar dimensions of settlements. With four places of work across the region, GPM’s just about 40 attorneys have won groundbreaking rulings and recovered billions of dollars for traders and shoppers in securities, antitrust, purchaser, and work course steps. GPM’s lawyers have handled cases masking a wide spectrum of corporate misconduct which include situations involving economic restatements, inner management weaknesses, earnings administration, fraudulent earnings steering and ahead hunting statements, auditor misconduct, insider trading, violations of Food and drug administration restrictions, actions resulting in Fda and DOJ investigations, and several other kinds of company misconduct. GPM’s lawyers have labored on securities conditions relating to approximately all industries and sectors in the economical marketplaces, such as, electrical power, consumer discretionary, purchaser staples, serious estate and REITs, economical, insurance policies, info know-how, health treatment, biotech, cryptocurrency, professional medical gadgets, and many additional. GPM’s past successes have been extensively included by main news and market publications these as The Wall Street Journal, The Economic Occasions, Bloomberg Businessweek, Reuters, the Associated Push, Barron’s, Investor’s Small business Every day, Forbes, and Revenue.