FAIRNESS ALERT: ROSEN, A TOP LAW FIRM, Encourages Core Scientific, Inc. Investors to Learn About Securities Class Action Investigation – CORZ | New

NEW YORK–(BUSINESS WIRE)–Oct. 21, 2022–

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Core Scientific, Inc. (NASDAQ:CORZ) arising from allegations that Core Scientific may have provided misleading business information to the investing public.

SO WHAT: If you have purchased Core Scientific titles, you may be entitled to compensation without payment of out-of-pocket expenses or costs through a contingency fee arrangement. The law firm Rosen is preparing a class action lawsuit seeking to recover the losses of the investors.

WHAT TO DO NEXT: To join the potential class action, go to https://rosenlegal.com/submit-form/?case_id=3932 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for class action information.

WHAT DOES IT TALK ABOUT: On September 28, 2022, Celsius Network LLC and related entities filed a motion to enforce the automatic stay and for civil contempt in a bankruptcy proceeding alleging that Core Scientific “knowingly and repeatedly violated the automatic stay provisions of 11 USC § 362(a)” by refusing to perform its contractual obligations, threatening to terminate the companies’ agreement and adding abusive surcharges.

On this news, Core Scientific stock fell 10% to close at $1.30 per share on September 29, 2022.

WHY THE ROSEN LAW: We encourage investors to select qualified attorneys with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these companies do not bring securities class action lawsuits. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Lawyer advertisement. Previous results do not guarantee a similar result.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20221021005467/en/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, Pennsylvania

275 Madison Avenue, 40th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

[email protected]

[email protected]

[email protected]

www.rosenlegal.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: CLASS ACTION PROFESSIONAL SERVICES LEGAL

SOURCE: The Rosen Law Firm, Pennsylvania

Copyright BusinessWire 2022.

PUBLISHED: 10/21/2022 4:05 PM / DISK: 10/21/2022 4:06 PM

http://www.businesswire.com/news/home/20221021005467/en

Copyright BusinessWire 2022.

Comments are closed.