IREN Deadline: IREN Investors Have Opportunity to Lead Iris Energy Limited Securities Fraud Lawsuit Filed by The Rosen Law Firm

Core 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 securities class action lawsuit [1][5]. Group 1: Class Action Details - The Class Period for the securities of Iris Energy Limited is from June 20, 2023, to July 11, 2024 [1]. - Investors 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]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4][9]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4]. Group 3: Allegations Against Iris Energy - The lawsuit alleges that Iris Energy's defendants made materially false and misleading statements regarding the company's prospects and operations, particularly related to its data centers and high-performance computing [5]. - It is claimed that these misstatements were due to deficiencies at Iris Energy's Childress County, Texas site, leading to investor damages when the truth was revealed [5].