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Case Status:    DISMISSED    
On or around 12/17/2018 (Notice of voluntarily dismissal)

Filing Date: July 20, 2018

According to the Complaint, Marathon Patent Group Inc. ("Marathon" or the Company) operates in the cryptocurrency market, as well as licensing its IP assets.

On June 8, 2017, the Company filed a Schedule 14A Proxy Statement (the “Proxy”) with the Securities and Exchange Commission (the “SEC”) for the Annual Meeting. In the Proxy, the Board asked Marathon’s stockholders to approve an amendment to the Company’s Articles of Incorporation so that the Board could implement a reverse stock split (the “Reverse Stock Split Proposal”).

The Complaint alleges that the Proxy was materially false and misleading and that the proxy solicitation prevented Marathon’s stockholders from making informed decisions about whether to approve the Reverse Stock Split Proposal.

This case was voluntarily dismissed on December 17, 2018.


Sector: Services
Industry: Business Services
Headquarters: United States


Ticker Symbol: MARA
Company Market: NASDAQ
Market Status: Public (Listed)

About the Company & Securities Data

"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: C.D. California
DOCKET #: 18-CV-06309
JUDGE: Hon. Fernando M. Olguin
DATE FILED: 07/20/2018
CLASS PERIOD END: 06/06/2017
  1. Levi & Korsinsky (Los Angeles)
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available