MARATHON PATENT GROUP, INC. (NASDAQ:MARA) Files An 8-K Other Events
Item 8.01 Other Information
On July 20, 2018, Tony Ramirez (“Plaintiff”) filed a complaint against the Company and certain of its former directors. The complaint was filed in the United States District Court for the Central District of California. Mr. Ramirez alleges that he was and is a shareholder of the Company, and purports to assert a single claim under Section 14(a) of the Securities and Exchange Act of 1934 and SEC Rule 14a-9 promulgated thereunder. On December 17, 2018, the Plaintiff filed a voluntary dismissal of the complaint with prejudice which terminates this action.
About MARATHON PATENT GROUP, INC. (NASDAQ:MARA)
Marathon Patent Group Inc. (MARA) is engaged in acquiring patents and patent rights from owners or other ventures. The Company monetizes its portfolio of patents and patent rights by entering into license discussions. The Company owns around 378 United States and foreign patents, and patent rights across a range of technologies and markets. The Company owns around 22 patent applications across a range of technologies and markets.