Core Scientific, Inc.
Company Name | Core Scientific, Inc. |
Stock Symbol | CORZ |
Class Period | January 03, 2022 to October 26, 2022 |
Lead Plaintiff Motion Deadline | January 13, 2023 |
On March 3, 2022, Culper Research issued a report alleging ,among other things, that Core Scientific "has wildly oversold both its mining and hosting businesses, which it cobbled together in a series of questionable transactions before dumping onto the market via SPAC." Moreover, the Company had “waived the 180-day lockup on over 282 million shares, making them free to be dumped just 5 trading days” from the time of the report, showing that “insiders have abandoned any pretense of care for minority shareholders."
On this news, Core Scientific’s stock fell $0.72, or 9.4%, to close at $6.98 on March 3, 2022, thereby injuring investors.
Submit Your Information
If you suffered a loss on your Core Scientific, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.