Iris Energy (US:IREN) GlobeNewswire News Roomยท2024-07-30 01:00Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Iris Energy Limited regarding possible violations of federal securities laws and other unlawful business practices [7]. Group 1: Investigation Details - The investigation is initiated on behalf of Iris Energy stockholders who may have suffered losses [4][7]. - The law firm is seeking information from long-term stockholders and those who have acquired Iris Energy shares [4][7]. Group 2: Allegations Against Iris Energy - A report published by Culper Research on July 11, 2024, claims that Iris Energy is not competitive in the High-Performance Computing (HPC) space due to its facilities being primarily designed for Bitcoin mining, which would require significant additional investment to adapt for HPC workloads [8].