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Marathon Patent Group Inc (NASDAQ:MARA) Investor Investigation Over Potential Wrongdoing Announced

  • If you purchased shares of Marathon Patent Group Inc (NASDAQ:MARA), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Marathon Patent Group Inc
Security
NASDAQ: MARA

Summary

An investigation on behalf of investors in shares of Marathon Patent Group Inc (NASDAQ:MARA) was announced over potential breaches of fiduciary duties by certain officers and directors at Marathon Patent Group.

The investigation by a law firm concerns whether certain Marathon Patent Group officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Los Angeles, CA based Marathon Patent Group Inc. (MARA) is engaged in acquiring patents and patent rights from owners or other ventures. Marathon Patent Group Inc reported that its annual Total Revenue rose from $18.98 million in 2015 to $36.63 million in 2016 and that its Net Loss increased from $16.94 million in 2015 to $28.67 million in 2016.

Shares of Marathon Patent Group Inc (NASDAQ:MARA) declined from $6.51 per share in November 2017 to $2.87 per share on January 30, 2018.

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