Workflow
ATTENTION NASDAQ: IREN INVESTORS: Contact Berger Montague About an Iris Energy Class Action Lawsuit
Iris Energy Iris Energy (US:IREN) GlobeNewswire News Roomยท2024-10-28 13:06

Core Viewpoint - A securities class action lawsuit has been filed against Iris Energy Ltd. for allegedly making false or misleading statements regarding its business prospects during a specified class period [1][2]. Company Overview - Iris Energy Ltd. is based in Sydney, Australia, and positions itself as a leading next-generation data center business focused on Bitcoin, AI, and other technologies [2]. Lawsuit Details - The lawsuit pertains to purchasers of IRIS securities between June 20, 2023, and July 11, 2024, and claims that the company overstated its prospects related to data centers and high-performance computing due to deficiencies at its Childress County, Texas site [1][2]. - Investors who acquired IRIS securities during the class period can seek to be appointed as lead plaintiff representatives by December 6, 2024 [2].