On July 19, 2023, United States Magistrate Judge Sanket J. Bulsara of the Eastern District of New York appointed Faruqi & Faruqi, LLP, as lead counsel in Murphy v. Argo Blockchain plc et al, 1:23-cv-00572-NRM-SJB (E.D.N.Y.). The suit centers on false and misleading statements made by Argo Blockchain plc related to its Helios facility and its ability to execute its business strategy.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
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Details
Filed on 07/19/2023
Ticker ARBK
Class period 09/23/2021 - 10/10/2022
Office
685 Third Avenue 26th Floor
10017 New York, New York
Phone (212) 983-9330
Fax (212) 983-9331
Counsel
James M. Wilson, Jr. jwilson@faruqilaw.com Phone (212) 983-9330 Fax (212) 983-9331
Robert W. Killorin rkillorin@faruqilaw.com Phone (404) 847-0617 Fax (404) 506-9534