Atlanta, Georgia–(Newsfile Corp. – January 27, 2023) – Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against Argo Blockchain plc (“Argo Blockchain” or the “Company”) ARBK. The lawsuit alleges Argo Blockchain made materially false and/or misleading statements and/or failed to disclose material adverse facts in its Offering Documents and throughout the Class Period, including: (i) Argo Blockchain was highly susceptible to and/or suffered from significant capital constraints, electricity and other costs, and network difficulties; (ii) the foregoing hampered the Company’s ability to mine Bitcoin, execute its business strategy, meet its obligations, and operate its Helios facility; (iii) thus, the Company’s business was less sustainable than Defendants had led investors to believe; (iv) accordingly, Argo Blockchain’s business and financial prospects were overstated.
If you bought shares of Argo Blockchain pursuant and/or traceable to the IPO, or between September 23, 2021 and October 10, 2022 and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/argo-blockchain/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is March 27, 2023.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/152723
