CORZ ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of January 13, 2023 in the Class Action Filed on Behalf of Core Scientific, Inc. Shareholders

NEW YORK, Dec. 6, 2022

Class Period: January 3, 2022 to October 26, 2022
Lead Plaintiff Deadline: January 13, 2023
No obligation or cost to you.

Learn more about your recoverable losses in CORZ:
https://www.kleinstocklaw.com/pslra-1/core-scientific-class-action-submission-form?id=34272&from=4

Core Scientific, Inc. NEWS - CORZ NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Core Scientific, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) due in part to the expiration of a favorable pricing agreement, the Company was experiencing increasing power costs; (2) the Company's largest customer, Gryphon Digital Mining, lacked the financial resources to purchase the necessary miner rigs for Core Scientific to host; (3) the Company was not providing hosting services to Celsius Network LLC ("Celsius") as required by their contract; (4) the Company had implemented an improper surcharge to pass through power costs to Celsius; (5) as a result of the foregoing alleged breaches of contract, the Company was reasonably likely to incur liability to defend itself against Celsius; (6) as a result of the foregoing, the Company's profitability would be adversely impacted; (7) as a result, there was likely substantial doubt as to the Company's ability to continue as a going concern; and (8) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Core Scientific you have until January 13, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Core Scientific securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.