Iris Energy (US:IREN) Prnewswireยท2024-10-15 09:45Core Viewpoint - A class action securities lawsuit has been filed against Iris Energy Limited, alleging securities fraud that affected investors between June 23, 2023, and July 11, 2024 [1][2]. Group 1: Lawsuit Details - The complaint claims that defendants overstated Iris Energy's prospects related to data centers and high-performance computing, primarily due to significant deficiencies at the Childress County, Texas site [2]. - As a result of these misrepresentations, statements regarding Iris Energy's business, operations, and future prospects were materially false and misleading [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until December 6, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].