CLASS ACTION REMINDER: Berger Montague Advises Iris Energy (NASDAQ: IREN) Investors to Inquire About a Securities Fraud Lawsuit by December 6, 2024

Core Viewpoint - A securities class action lawsuit has been filed against Iris Energy Limited for allegedly making false statements regarding its business prospects during the Class Period from June 20, 2023, to July 11, 2024 [1][3]. Company Overview - Iris Energy Limited, based in Sydney, Australia, positions itself as a leading next-generation data center business focused on Bitcoin, AI, and high-performance computing (HPC) [3]. Allegations - The lawsuit claims that Iris Energy overstated its prospects related to data centers and HPC due to significant deficiencies at its Childress County, Texas site [3]. - On July 11, 2024, a report by Culper Research accused Iris of misrepresenting its capabilities as a data center for HPC and AI applications, leading to a 15% drop in share price to $11.20 [4]. Investor Information - Investors who purchased Iris Energy securities during the Class Period have until December 6, 2024, to seek appointment as lead plaintiff in the class action [2]. - A lead plaintiff represents the interests of all class members and selects legal counsel for the case [5]. Legal Representation - Berger Montague PC, a firm with extensive experience in securities class action litigation, is advising investors in this case [6].