Law firm Pomerantz has filed a class action lawsuit in the Eastern District of New York against bitcoin miner Argo Blockchain and certain of its executives on behalf of users who participated in Argo's initial public offering and for the period September 23, 2021, to October 10, 2022. Argo securities trading users, filed a claim against the defendant Argo. Pomerantz alleges that its offering documents were negligently prepared so that they contained misrepresentations of material facts, or omissions of other necessary facts so that the statements made would not be misleading, and were not prepared in accordance with the rules and regulations governing their preparation, further in Throughout the Class Period, Defendants have made materially false and misleading statements about the Company's business, operations, and prospects.