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Argo Blockchain plc announced the dismissal of the class action lawsuit "Murphy vs. Argo Blockchain plc et al". This lawsuit, initially filed on 26 January 2023 and transferred on 4 August 2023, was dismissed on 9 October 2024. The dismissal was made without prejudice and without leave to amend.
| Date | 11 Oct 2024 |
| Time | 07:00:01 |
| Category | Corporate updates |
| ID | 7076H |
Press Release
11 October 2024
Argo Blockchain plc
("Argo" or "the Company")
Dismissal of Class Action Lawsuit (Murphy vs. Argo)
Argo is pleased to announce that the class action lawsuit, Murphy vs. Argo Blockchain plc et al, filed in the Eastern District of New York on 26 January 2023, and transferred to the Southern District of New York on 4 August 2023, was dismissed on 9 October 2024, without prejudice and without leave to amend. The Company has always maintained that the allegations were without merit and is grateful for the resolution.
This announcement contains inside information.
For further information please contact:
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Argo Blockchain |
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Investor Relations |
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Tennyson Securities |
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Corporate Broker Peter Krens |
+44 207 186 9030 |
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Fortified Securities |
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Joint Broker Guy Wheatley, CFA |
+44 74930989014 |
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Tancredi Intelligent Communication UK & Europe Media Relations |
About Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With mining facilities in Quebec, mining operations in Texas, and offices in the US, Canada, and the UK, Argo's global, sustainable operations are predominantly powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company, and a signatory to the Crypto Climate Accord. For more information, visit www.argoblockchain.com.