IREN INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Iris Energy Limited Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
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Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against Iris Energy Limited (NASDAQ: IREN) for alleged violations of the Securities Exchange Act of 1934. Investors who purchased IREN securities between June 20, 2023, and July 11, 2024, have until December 6, 2024, to seek appointment as lead plaintiff.
November 07, 2024 | 9:45 am
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Iris Energy Limited is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934. This legal action could impact the company's stock price negatively in the short term.
The announcement of a class action lawsuit against Iris Energy Limited is likely to create uncertainty and negative sentiment among investors, potentially leading to a decline in the stock price. Legal issues often result in increased volatility and risk, which can deter investors.
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