FRIDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Iris Energy Limited Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - IREN

Core Viewpoint - The Iris Energy Limited class action lawsuit alleges that the company and its executives made misleading statements regarding its business prospects, particularly related to its data centers and high-performance computing capabilities, leading to significant stock price declines [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Williams-Israel v. Iris Energy Limited and is filed in the Eastern District of New York [1]. - Investors who purchased Iris Energy securities between June 20, 2023, and July 11, 2024, can seek appointment as lead plaintiff by December 6, 2024 [1][5]. - The lawsuit claims that Iris Energy overstated its prospects due to deficiencies at its Childress County, Texas site [3]. Group 2: Stock Price Impact - Following a report from Culper Research on July 11, 2024, which criticized Iris Energy, the company's stock price fell by more than 15% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and has a strong track record in securing monetary relief for investors in securities fraud cases [6].