IREN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Iris Energy Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Core Viewpoint - A class action lawsuit has been filed against Iris Energy Limited for alleged violations of federal securities laws, claiming that the company made false and misleading statements regarding its business prospects and operations [1][2]. Group 1: Lawsuit Details - The lawsuit covers all individuals and entities that purchased Iris Energy securities between June 20, 2023, and July 11, 2024, referred to as the "Class Period" [1]. - Allegations include that the defendants overstated the company's prospects related to data centers and high-performance computing, primarily due to deficiencies at the Childress County, Texas site [2]. - The complaint asserts that the defendants' statements about Iris Energy's business and operations were materially false and misleading, leading to investor damages when the true information became public [2]. Group 2: Next Steps for Investors - Investors who suffered losses in Iris Energy have until December 6, 2024, to request appointment as lead plaintiff in the case [3]. - Participation in any recovery does not require serving as lead plaintiff [3]. Group 3: Legal Representation - The law firm Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful in the lawsuit [4]. - The firm has a history of recovering significant amounts for investors in securities fraud class actions [4].