The Schall Law Firm Wants Shareholders To Join A Securities Fraud Case Against Iris Energy Limited
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The Schall Law Firm is urging shareholders to join a class action lawsuit against Iris Energy Limited (NASDAQ:IREN) for alleged securities fraud. The lawsuit claims violations of the Securities Exchange Act of 1934. Investors who bought shares between June 20, 2023, and July 11, 2024, should contact the firm by December 6, 2024.
November 13, 2024 | 6:00 pm
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Iris Energy Limited is facing a class action lawsuit for alleged securities fraud, potentially impacting its stock price negatively in the short term.
The announcement of a class action lawsuit for securities fraud is likely to negatively impact investor sentiment and the stock price of Iris Energy Limited in the short term. Legal issues can lead to uncertainty and potential financial liabilities, which typically result in downward pressure on stock prices.
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