TOP Financial (US:TOP) GlobeNewswire News Room·2024-11-16 21:16Core Viewpoint - Rosen Law Firm is reminding investors who purchased Iris Energy Limited securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Iris Energy securities between June 20, 2023, and July 11, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by December 6, 2024 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4][9]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [4]. Group 3: Case Allegations - The lawsuit alleges that defendants made materially false and misleading statements regarding Iris Energy's business prospects, particularly related to data centers and high-performance computing, due to deficiencies at its Texas site [5]. - As a result of these misleading statements, investors suffered damages when the true details were revealed [5].