Data News > Shareholders Encouraged to Join Class Action Against Iris Energy Limited (IREN)

Shareholders Encouraged to Join Class Action Against Iris Energy Limited (IREN)

By KlickAnalytics Data Insights  |   November 29, 2024 08:03PM ET

Key Points

- Shareholders who lost money on Iris Energy Limited urged to join class action
- Securities law violations lawsuit filed against Iris Energy Limited
- Stockholder participation invited in securities fraud case against Iris Energy Limited
- Reminder for Iris Energy Limited investors of pending class action lawsuit
- Opportunity for IREN investors to lead securities fraud lawsuit against Iris Energy Limited

Several law firms are actively pursuing legal action against Iris Energy Limited (NASDAQ: IREN) for alleged securities law violations. Shareholders who suffered financial losses on their investments in the company are being urged to join class action lawsuits to potentially recover their losses under federal securities laws.

Levi & Korsinsky, along with The Schall Law Firm and Bronstein, Gewirtz & Grossman, LLC, have all issued notifications to investors regarding the ongoing legal proceedings. These firms are seeking individuals who purchased Iris Energy securities between June 20, 2023, and July 11, 2024, to participate in the class action lawsuits.

The Schall Law Firm specifically reminds investors of the opportunity to lead the securities fraud lawsuit against Iris Energy Limited. The lawsuit accuses the company of violating Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Rule 10b-5 promulgated by the U.S. Securities and Exchange Commission.

Levi & Korsinsky, Bronstein, Gewirtz & Grossman, LLC, and other law firms have provided links and contact information for affected shareholders who wish to learn more about the legal actions being taken against Iris Energy Limited. The deadline for lead plaintiffs to join the class action lawsuits is December 6, 2024, so investors are encouraged to act promptly.

Investors who believe they may have a valid claim against Iris Energy Limited for securities law violations are advised to contact the legal firms involved in the class action lawsuits. By joining together in these legal proceedings, shareholders have the opportunity to potentially recover their losses incurred during the specified Class Period.

It is essential for shareholders who suffered financial losses on their Iris Energy Limited investments to explore their legal options promptly. By participating in the class action lawsuits, investors can seek to hold the company accountable for any alleged violations of federal securities laws and work towards a potential recovery of their losses.

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