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IRIS ENERGY LIMITED (NASDAQ: IREN) INVESTOR ALERT: Investors With Large Losses in Iris Energy Limited Should Contact Bernstein Liebhard LLP To Discuss Their Rights
Iris Energy Iris Energy (US:IREN) GlobeNewswire News Room·2024-10-08 19:17

Core Viewpoint - A shareholder has filed a securities class action lawsuit against Iris Energy Limited, alleging misrepresentations regarding the company's data centers and high-performance computing capabilities during the class period from June 20, 2023, to July 11, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Iris Energy made misrepresentations concerning its prospects, particularly related to material deficiencies at its Childress County, Texas site [2]. - Investors who purchased or acquired Iris Energy securities during the specified class period are included in the lawsuit [1]. Group 2: Legal Process - Interested parties wishing to serve as lead plaintiff must file necessary documents by December 6, 2024 [3]. - Serving as lead plaintiff is not a requirement for investors to share in any potential recovery from the lawsuit [3]. Group 3: Law Firm Background - Bernstein Liebhard LLP, the law firm handling the case, has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [4].