IREN INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Iris Energy Limited Investors with Substantial Losses Have Opportunity to Lead Case

Core Viewpoint - The article discusses a class action lawsuit against Iris Energy Limited, alleging that the company and its executives made misleading statements regarding its business prospects, particularly related to data centers and high-performance computing [2][3]. Group 1: Lawsuit Details - The class action lawsuit is titled Williams-Israel v. Iris Energy Limited and covers purchasers of Iris Energy securities from June 20, 2023, to July 11, 2024 [1]. - The lawsuit claims that Iris Energy overstated its prospects due to deficiencies at its Childress County, Texas site [2]. - Following a report by Culper Research on July 11, 2024, Iris Energy's stock price dropped by over 15% [2]. Group 2: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Iris Energy securities during the class period to seek appointment as lead plaintiff [3]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [3]. Group 3: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud cases, having recovered $6.6 billion for investors in class action cases [4]. - The firm has been ranked 1 in securing monetary relief for investors in six out of the last ten years [4].