GlobeNewswire News Room·2025-05-19 23:52Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Bitfarms Ltd. securities, alleging misleading statements and deficiencies in financial reporting during the Class Period from March 21, 2023, to December 9, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Bitfarms maintained deficient internal controls over financial reporting, leading to misclassification of cash flows and inaccuracies in financial statements [5]. - Specific allegations include the misstatement of proceeds from digital asset sales and the overstatement of remediation efforts regarding internal control weaknesses [5]. - The lawsuit asserts that these errors resulted in materially false and misleading public statements, causing investor damages when the true details emerged [5]. Group 2: Participation Information - Investors who purchased Bitfarms securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6].