Sichenzia Ross Friedman Ference LLP Advises Marathon Patent on $6.5 million PIPE Offering

NEW YORK, May 5, 2014 (GLOBE NEWSWIRE) — New York- based securities law firm, Sichenzia Ross Friedman Ference LLP announced that it has represented Marathon Patent Group, Inc. (OTCBB: MARA) on a $6.5 million private placement of units consisting of Series A Preferred Stock and warrants at a unit price of $6.50 per unit. Marathon is an intellectual property services and monetization company. Laidlaw & Company (UK) Ltd. as sole placement agent for the offering. The Sichenzia Ross Friedman Ference LLP team was led by partners Harvey Kesner and Counsel Edward Schauder.

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