![]() ![]() Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. ![]() This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. (NASDAQ:CLSK), ('CleanSpark, or 'the Company'), an advanced software and controls technology solutions company focused on solving. If you would like to discuss the complaint or our investigation, please contact us by emailing or by calling (646) 315-9003 You need not seek to become a lead plaintiff in order to share in any possible recovery. If you are a member of the proposed Class, you may move the court no later than Mato serve as a lead plaintiff for the purported class. is “another undisclosed related party transaction, as CleanSpark’s CFO Lori Love is found on p2k’s corporate documents since at least November 2018, well before joining CleanSpark and the p2k acquisition.” Further, the report alleges that “n effect, CleanSpark appears to have purchased the side business of its CFO, with zero relevance to the Company’s supposed clean energy mission.”įollowing this news, CleanSpark's stock price fell $3.63 per share, or 9.23%, to close at $35.71 per share on January 14, 2021. ![]() On January 14, 2021, Culper Research published a report entitled "Cleanspark (CLSK): Back to the Trash Can." According to the Culper Research report, “CleanSpark’s promotional charade has spanned marijuana, clean energy, “SaaS”, electric vehicles, and, most recently, bitcoin.”Īccording to the complaint, the Culper Research report claims that CleanSpark has "fabricated key elements of its business, including purported customers and contracts" and that the Company is also "rife with undisclosed related party transactions." For example, the Culper Research report alleges the entire February 2020 acquisition of p2k Labs, Inc. The report claims 'CleanSpark has habitually lied about its supposed customers and. A complaint has been filed on behalf of investors who purchased CleanSpark securities between Decemand Janu(the “Class Period”). CleanSpark Inc (NASDAQ:CLSK) shares are trading lower Thursday following a short report from Culper Research. (“CleanSpark” or the “Company”) (NASDAQ: CLSK). As part of the development, CleanSpark’s mPulse system will help the manufacturer cut costs and store solar power in Tesla Inc (NASDAQ:TSLA) batteries. There was a short sellers report by analyst Culper Research stating CleanSpa. 19, 2021 (GLOBE NEWSWIRE) - Kaplan Fox & Kilsheimer LLP ( is investigating claims on behalf of investors of CleanSpark, Inc. CleanSpark (CLSK) Stock has been down over 35 since the beginning of this year. ![]()
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