The Gross Law Firm Notifies Iris Energy Limited Investors of a Class Action Lawsuit and Upcoming Deadline – IREN

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Iris Energy Limited regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's business prospects and operations [1][2]. Group 1: Allegations and Class Period - The class period for the lawsuit is from June 23, 2023, to July 11, 2024 [2]. - The complaint alleges that defendants overstated Iris Energy's prospects related to data centers and high-performance computing, primarily due to deficiencies at the Childress County, Texas site [2]. - As a result of these issues, the statements made by the defendants about the company's business and operations were materially false and misleading [2]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of IREN during the specified timeframe are encouraged to register for the class action, with a deadline of December 6, 2024, to seek lead plaintiff status [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].