The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) SDM was the subject of a market manipulation and fraudulent promotion scheme involving social-media based misinformation and impersonators posing as financial professionals; (2) insiders an ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Smart Digital Group Limited due to allegations of securities law violations, encouraging affected investors to seek legal recourse before the March 16, 2026 deadline [2][5]. Group 1: Allegations Against Smart Digital - The complaint alleges that Smart Digital and its executives made false and misleading statements, failing to disclose involvement in a market manipulation scheme [5]. - Specific allegations include the use of social media misinformation and impersonation by individuals posing as financial professionals to inflate stock prices [5]. - It is claimed that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, which was not disclosed in the company's public statements [5]. Group 2: Stock Price Collapse and SEC Actions - On September 26, 2025, Smart Digital's stock price fell by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [6]. - The SEC suspended trading in Smart Digital securities from September 29, 2025, to October 10, 2025, citing potential manipulation through social media recommendations [6]. - Following the SEC's suspension, NASDAQ also suspended trading pending further information, with no clear timeline for resumption [6]. Group 3: Legal Proceedings and Investor Participation - The lead plaintiff in the class action will be the investor with the largest financial interest who can adequately represent the class [7]. - Any member of the class can apply to serve as lead plaintiff or remain an absent class member without affecting their ability to recover [7]. - Faruqi & Faruqi encourages individuals with information regarding Smart Digital's conduct to come forward, including whistleblowers and former employees [8].

Group 1 - The DJS Law Group has announced a class action lawsuit against Smart Digital Group Limited for violations of the Securities Exchange Act of 1934 [1] - The class period for the lawsuit is from May 5, 2025, to September 26, 2025, with a deadline for lead plaintiff appointments set for March 16, 2026 [2] - The lawsuit claims that Smart Digital made false and misleading statements, leading to the suspension of trading of its shares due to an investigation into a scheme to artificially inflate share prices [2] Group 2 - Shareholders who purchased shares during the class period are encouraged to contact the DJS Law Group for potential participation in the lawsuit [2] - DJS Law Group specializes in securities class actions and corporate governance litigation, representing large hedge funds and alternative asset managers [4] - The firm emphasizes the importance of their clients' litigation claims as valuable assets that require focused advocacy [4]

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Ltd. (NASDAQ: SDM) for alleged misleading statements and market manipulation during the period from May 5, 2025, to September 26, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Smart Digital was involved in a market manipulation scheme that included misinformation on social media and impersonation of financial professionals [5]. - Allegations include the use of offshore accounts by insiders to facilitate the dumping of shares during a price inflation campaign [5]. - The lawsuit asserts that Smart Digital's public statements failed to disclose risks related to fraudulent trading and market manipulation, leading to misleading information about the company's business and prospects [5]. Group 2: Investor Information - Investors who purchased SDM securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by March 16, 2026, to represent the class in the lawsuit [1][3]. Group 3: Rosen Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Ltd. (NASDAQ: SDM) for alleged violations of federal securities laws during the Class Period from May 5, 2025, to September 26, 2025 [1][2] Group 1: Allegations and Details - The lawsuit claims that SDM failed to disclose significant information to investors, including involvement in a market manipulation and fraudulent promotion scheme [7] - Allegations include the use of offshore or nominee accounts by insiders to facilitate coordinated share dumping during a price inflation campaign [7] - The company's public statements and risk disclosures did not mention the risks of fraudulent trading or market manipulation that could affect stock prices [7] - As a result, SDM securities faced a unique risk of suspension in trading by the SEC and NASDAQ [7] Group 2: Legal Representation and Participation - Bronstein, Gewirtz & Grossman, LLC represents investors in this class action on a contingency fee basis, meaning they only recover costs if successful [4] - Investors who suffered losses in SDM have until March 16, 2026, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - The firm has a history of recovering hundreds of millions of dollars for investors in securities fraud cases [5]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Smart Digital Group Limited due to allegations of securities law violations, encouraging affected investors to seek legal recourse [2][5]. Group 1: Allegations Against Smart Digital - The complaint alleges that Smart Digital and its executives made false or misleading statements and failed to disclose significant risks related to market manipulation and fraudulent promotion schemes [5]. - Specific allegations include the use of social media misinformation and impersonation by individuals posing as financial professionals to manipulate the stock price [5]. - It is claimed that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, which was not disclosed in the company's public statements [5]. Group 2: Stock Price Collapse and SEC Actions - On September 26, 2025, Smart Digital's stock price fell by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [6]. - The SEC suspended trading in Smart Digital securities from September 29, 2025, to October 10, 2025, citing potential manipulation through social media recommendations [6]. - Following the SEC's suspension, NASDAQ also suspended trading in Smart Digital securities pending further information, with no clear timeline for resumption [6]. Group 3: Legal Proceedings and Investor Participation - The deadline for investors to seek the role of lead plaintiff in the federal securities class action against Smart Digital is March 16, 2026 [2]. - Any member of the putative class can move the court to serve as lead plaintiff or remain an absent class member, with their ability to recover not affected by this decision [7]. - Faruqi & Faruqi encourages individuals with information regarding Smart Digital's conduct to come forward, including whistleblowers and former employees [8].

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Ltd. (NASDAQ: SDM) for alleged misleading statements and market manipulation during the period from May 5, 2025, to September 26, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Smart Digital was involved in a fraudulent promotion scheme that included misinformation on social media and impersonation of financial professionals [5]. - Allegations include the use of offshore accounts by insiders to facilitate share dumping during a price inflation campaign, and failure to disclose risks related to fraudulent trading [5]. - The lawsuit asserts that Smart Digital's public statements were materially misleading, leading to investor damages when the true details emerged [5]. Group 2: Participation Information - Investors who purchased SDM securities during the class period may be entitled to compensation without upfront costs through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by March 16, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Ltd. (NASDAQ: SDM) for alleged market manipulation and fraudulent promotion during the period from May 5, 2025, to September 26, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Smart Digital was involved in a scheme of market manipulation and fraudulent promotion, which included misinformation on social media and impersonation of financial professionals [5]. - Allegations include the use of offshore accounts by insiders to facilitate the dumping of shares during a price inflation campaign, and the omission of risks related to fraudulent trading in public statements [5]. - The lawsuit asserts that the misleading statements made by the defendants about Smart Digital's business and prospects led to investor damages when the true details became known [5]. Group 2: Participation Information - Investors who purchased SDM securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by March 16, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013, recovering hundreds of millions for investors [4].

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Limited (SDM) due to allegations of securities fraud during a specified class period from May 5, 2025, to September 26, 2025, with investors having until March 16, 2026, to file a lead plaintiff motion [1]. Trading Activity and SEC Involvement - On September 26, 2025, NASDAQ halted trading of SDM stock after a significant spike in trading activity, with over 270,000 orders in just one minute, representing approximately 30% of the average daily volume. The stock price fell to $1.85 per share, an 88% decrease from the previous day's closing price [3]. - The SEC announced a temporary suspension of trading in SDM from September 29, 2025, to October 25, 2025, due to potential market manipulation linked to social media recommendations aimed at artificially inflating the stock price and volume [4]. Allegations in the Lawsuit - The lawsuit claims that during the class period, SDM's management made materially false and misleading statements and failed to disclose significant adverse facts about the company's operations and prospects. Key allegations include: 1. Involvement in a market manipulation scheme using social media misinformation and impersonators posing as financial professionals [5]. 2. Insiders allegedly using offshore accounts to facilitate coordinated share dumping during a price inflation campaign [5]. 3. Omission of risks related to fraudulent trading and market manipulation in public statements and risk disclosures [5]. 4. Unique risk of sustained trading suspension by the SEC and NASDAQ due to these issues [5]. 5. Misleading positive statements regarding the company's business and operations lacking a reasonable basis [5].

CoreWeave, Inc. (NASDAQ: CRWV) - The class action lawsuit alleges that during the class period from March 28, 2025, to December 15, 2025, defendants made materially false and misleading statements regarding the company's business and operations [2] - Specifically, it is claimed that defendants overstated CoreWeave's ability to meet customer demand and understated the risks associated with reliance on a single third-party data center supplier [2] - The lawsuit suggests that these misrepresentations were likely to have a material negative impact on the company's revenue, rendering the defendants' positive statements misleading [2] Bath & Body Works, Inc. (NYSE: BBWI) - The class action lawsuit covers the period from June 4, 2024, to November 19, 2025, alleging that defendants made materially false and misleading statements about the company's growth strategies [3] - It is claimed that the company's strategy of pursuing "adjacencies, collaborations and promotions" did not effectively grow the customer base or deliver the expected net sales growth [3] - The lawsuit indicates that as the strategy faltered, the company relied on brand collaborations to mask weak financial results, leading to a failure to meet previously issued financial guidance [3] Smart Digital Group Limited (NASDAQ: SDM) - The class action lawsuit pertains to the period from May 5, 2025, to September 26, 2025, alleging that defendants made materially false and misleading statements regarding market manipulation and fraudulent promotion schemes [4] - It is claimed that insiders used offshore accounts to facilitate coordinated share dumping during a price inflation campaign, which was not disclosed to investors [4] - The lawsuit highlights that the company's public statements omitted risks related to fraudulent trading and market manipulation, which could lead to a suspension of trading by regulatory bodies [4]