Investor Notice: Robbins LLP Informs Stockholders of the Class Action Lawsuit Filed Against Iris Energy Limited

Core Viewpoint - A class action lawsuit has been filed against Iris Energy Limited (NASDAQ: IREN) by a shareholder, alleging that the company misled investors regarding its data center and high-performance computing prospects [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Iris Energy overstated its prospects due to material deficiencies at its Childress County, Texas site [2]. - Following the release of a report by Culper Research on July 11, 2024, which criticized Iris Energy, the company's stock price dropped by over 15% [3]. Group 2: Legal Proceedings - Shareholders interested in serving as lead plaintiffs must submit their applications by December 6, 2024, and participation in the case is not required to be eligible for recovery [4]. - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5]. Group 3: About Robbins LLP - Robbins LLP is recognized for its focus on shareholder rights litigation and has successfully recovered over $1 billion for shareholders since its inception in 2002 [6].