investors can Contact the law firm for free to learn more about recovering their losses

LOS ANGELES, Oct. 27, 2022 (GLOBE NEWSWIRE) — The law firm of Portnoy Core Scientific, Inc. (NASDAQ: CORZ) (NASDAQ: CORZW) advises investors that the company has launched an investigation into possible securities fraud and may file a class action lawsuit on behalf of investors. Core Scientific investors who have lost money on their investment are encouraged to do so Contact Lesley Portnoy, Esq.

Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: [email protected] to discuss your legal rights, or click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.

On March 3, 2022, market analyst Culper Research released a report that claimed, among other things, that Core Scientific “heavily oversold both its mining and hosting businesses, which it cobbled together in a series of shady transactions before it… was floated through SPAC.” In addition, the company had “waived the 180-day lockup period on over 282 million shares, allowing them to be sold just 5 trading days from the time of the report,” showing that “insiders each pretense of caring about minority shareholders.”

On the news, Core Scientific stock fell $0.72, or 9%, to close at $6.98 on March 3, 2022, hurting investors.

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Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. attorney advertising. Previous results do not guarantee similar results.

Lesley F. Portnoy, Esq.
Bar Association in CA and NY
[email protected]
310-692-8883
www.portnoylaw.com
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