IREN INVESTOR ALERT: Iris Energy Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Portfolio Pulse from
Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit for investors of Iris Energy Limited (NASDAQ:IREN) who purchased securities between June 20, 2023, and July 11, 2024. Investors have until December 6, 2024, to seek appointment as lead plaintiff.

November 05, 2024 | 12:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Iris Energy Limited faces a class action lawsuit for investors who purchased securities between June 20, 2023, and July 11, 2024. The deadline to seek lead plaintiff status is December 6, 2024.
The announcement of a class action lawsuit is likely to negatively impact the stock price of Iris Energy Limited in the short term as it raises concerns about potential financial liabilities and reputational damage. The deadline for investors to seek lead plaintiff status adds urgency to the situation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100