Argo Blockchain PLC Dismissal of Class Action Lawsuit
October 11 2024 - 1:00AM
RNS Regulatory News
RNS Number : 7076H
Argo Blockchain PLC
11 October 2024
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:
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.
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