Bitfarms .(US:BITF) GlobeNewswire News Room·2025-05-28 16:26Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitfarms Ltd. securities during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2] Group 1: Class Action Details - The class period for the Bitfarms securities is from March 21, 2023, to December 9, 2024 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the court by July 8, 2025, to serve as lead plaintiff [2] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time [3] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [3] Group 3: Case Allegations - The lawsuit alleges that Bitfarms made false and misleading statements regarding its internal controls over financial reporting [4] - Specific issues include misclassification of cash flows and overstated remediation of internal control weaknesses, leading to inaccurate financial statements [4] - The inaccuracies in public statements are claimed to have caused investor damages when the true details became known [4]