SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 16, 2020
MARATHON PATENT GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
(State or other jurisdiction
1180 North Town Center Drive, Suite 100
Las Vegas, NV
|(Address of principal executive offices)||(Zip Code)|
Registrant’s telephone number, including area code: (800) 804-1690
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Common Stock||MARA||The Nasdaq Capital Market|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|[ ]||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|[ ]||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|[ ]||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|[ ]||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 8.01 Other Matters.
On March 13, 2020, Supreme Court of the State of New York, New York County (the trial court in the below referenced matter) issued its Decision and Order (the “Order”) granting the Motions to Dismiss previously filed by Marathon Patent Group, Inc. and its former officers Doug Croxall and Francis Knuettel II, in the case entitled Jeffrey Feinberg, et al. v. Marathon Patent Group, Inc., et al., Case Index No. 651463/2018 (Supreme Court of the State of New York, County of New York). In the Order, the court granted the motions to dismiss as against all causes of action against all defendants in the plaintiffs’ Amended Complaint. The Order was entered by the clerk on March 16, 2020. According to the terms of the Order, upon filing of a copy of the Order with notice of entry and proof of service on counsel for the plaintiffs, the clerk of the Court is to enter judgment dismissing the action. The plaintiffs will then have 30 days following service of notice of entry of the judgment in which to file an appeal.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: March 19, 2020
|MARATHON PATENT GROUP, INC.|
|By:||/s/ Merrick Okamoto|
|Title:||Chief Executive Officer|