NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of TeraWulf Inc. ("TeraWulf") (NYSE:WULF) concerning possible violations of federal securities laws.
Hunterbrook Media reported that TeraWulf has been falsely branding itself as a "zero-carbon Bitcoin miner." According to Hunterbrook, "The only way TeraWulf can legally substantiate its zero-carbon claims is by purchasing renewable energy credits (RECs), according to New York and federal regulators, but a TeraWulf spokesperson confirmed that the company has not done so."
Following this news, Shares of TeraWulf Inc. are down 23% . To obtain additional information, go to:
https://zlk.com/pslra-1/terawulf-lawsuit-submission-form?prid=94738&wire=1
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP