This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 31, by email to or visit our website at If you inquire by email please include your mailing address, telephone number, and number of shares purchased. kFetch - Free Contract Research (Adv.) Law Department. If you purchased CleanSpark securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. If emailing, please include a phone number. 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.įollow us for updates on Twitter: /FRC_LAW. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased CleanSpark. If you are interested in learning more about the investigation, please contact lead analyst Jim Baker () at 61. 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." If you are a shareholder who suffered a loss, click here to participate. (“CleanSpark” or the “Company”) (NASDAQ: CLSK) on behalf of investors concerning the Company’s possible violations of federal securities laws. Cruz announces an investigation of CleanSpark, Inc. Prior results do not guarantee similar outcomes.LOS ANGELES-( BUSINESS WIRE)- The Law Offices of Frank R. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. Please visit our website to review more information and submit your transaction information. 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, thereby injuring investors. On January 14, 2021, Culper Research published a report titled "Cleanspark (CLSK): Back to the Trash Can," alleging, among other things, that CleanSpark has "fabricated key elements of its business, including purported customers and contracts" and is also "rife with undisclosed related party transactions." The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors concerning whether the Company fabricated key elements of its business. This suggests a possible upside of 155.7 from the stock's current price. On average, they expect the company's share price to reach 11.25 in the next year. Their CLSK share price forecasts range from 10.00 to 14.00. Portnoy, by phone 31 or email: to discuss their legal rights, or click here to join the case via The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. 4 Wall Street research analysts have issued 1 year price objectives for CleanSpark's shares. Investors are encouraged to contact attorney Lesley F. The Company recognized a net loss for the three months ended December 31, 2022, of (29.0) million, compared to net income of 14.5 million for the same prior year period. ("CleanSpark" or the "Company") (NASDAQ: CLSK) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Revenues for the quarter were 27.8 million, a decrease of 9.3 million, or 25, from 37.1 million for the same prior year period. The Portnoy Law Firm advises CleanSpark, Inc. 3:50 PM EST Shares of microcap energy infrastructure software and technology provider CleanSpark ( CLSK) - Get Free Report dropped nearly 10 Thursday after the company fired back at. Investors can contact the law firm at no cost to learn more about recovering their losses
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