IREN Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Against Iris Energy Limited

Core Viewpoint - A class action lawsuit has been filed against Iris Energy Limited (NASDAQ: IREN) by shareholders who purchased securities between June 20, 2023, and July 11, 2024, alleging that the company misled investors about its data center and high-performance computing prospects [1][2]. Allegations - The lawsuit claims that Iris Energy overstated its prospects due to material deficiencies at its Childress County, Texas site [2]. - A report by Culper Research on July 11, 2024, titled "Iris Energy Ltd (IREN): A Prius at the Grand Prix," led to a more than 15% drop in Iris Energy's stock price [3]. Legal Proceedings - Shareholders interested in serving as lead plaintiffs must submit their applications by December 6, 2024 [4]. - Participation in the class action is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Company Background - Robbins LLP, the law firm handling the case, has a history of litigating securities class actions and has recovered over $1 billion for shareholders since its inception in 2002 [6].