The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Bitfarms Ltd. (“Bitfarms” or “the Company”) (NASDAQ: BITF) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Bitfarms announced on December 9, 2024, that its financial statements for fiscal years 2022 and 2023 contained material errors related to the classification proceeds from the sale of digital assets. The Company added that its financial statements would require restatement. The Company also admitted that it identified an accounting error related to the redemption of warrants in 2023, an error that would require further adjustments.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com