DEADLINE THIS WEEK: Berger Montague Advises Iris Energy Limited (NASDAQ: IREN) Investors to Contact the Firm Before December 6, 2024

Core Viewpoint - A lawsuit has been filed against Iris Energy Limited on behalf of investors who purchased its securities between June 20, 2023, and July 11, 2024, following allegations of misrepresentation regarding the company's business model and potential in high-performance computing and AI applications [1][3]. Company Overview - Iris Energy Limited, based in Sydney, Australia, positions itself as a leading next-generation data center business focused on Bitcoin and AI [3]. Legal Proceedings - Investors who suffered losses during the specified class period can seek to be appointed as lead plaintiff representatives by December 6, 2024 [3]. - The lawsuit follows a report by Culper Research published on July 11, 2024, which accused Iris Energy of misrepresenting its capabilities and strength in the HPC and AI sectors [3]. Market Reaction - Following the publication of the report, Iris Energy's share price dropped by 15%, closing at $11.20 per share on July 11, 2024 [4].