The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Iris Energy Limited (IREN)
Portfolio Pulse from
The Law Offices of Frank R. Cruz has announced a deadline for investors to file a lead plaintiff motion in a class action lawsuit against Iris Energy Limited (NASDAQ: IREN). The lawsuit pertains to investors who acquired IREN securities between June 20, 2023, and July 11, 2024. The deadline for filing is December 6, 2024.

December 05, 2024 | 7:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Iris Energy Limited (IREN) is facing a class action lawsuit with a deadline for lead plaintiff motion on December 6, 2024. The lawsuit affects investors who acquired IREN securities between June 20, 2023, and July 11, 2024.
The class action lawsuit against Iris Energy Limited (IREN) could negatively impact investor sentiment and the stock price in the short term. Legal issues often lead to uncertainty and potential financial liabilities, which can drive stock prices down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100