Core Viewpoint - A securities class action lawsuit has been filed against MicroStrategy Incorporated for allegedly making false and misleading statements regarding its business and operations during the Class Period from April 30, 2024, to April 4, 2025 [1][2]. Group 1: Allegations Against MicroStrategy - The lawsuit claims that the defendants overstated the anticipated profitability of MicroStrategy's bitcoin-focused investment strategy and treasury operations [2]. - It is alleged that the risks associated with bitcoin's volatility and potential losses on digital assets were understated [2]. - The complaint asserts that the public statements made by the defendants were materially false and misleading throughout the Class Period [2]. Group 2: Lead Plaintiff Process - Investors in MicroStrategy can seek to be appointed as lead plaintiff representatives by July 15, 2025, through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm encourages investors who have suffered losses to contact them for more information [4].
MSTR Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against MicroStrategy Incorporated d/b/a Strategy (MSTR) - Contact Kessler Topaz Meltzer & Check, LLP