Core Viewpoint - A class action lawsuit has been filed against MicroStrategy Incorporated, alleging violations of the Securities Exchange Act of 1934 due to misrepresentations about the company's bitcoin-focused investment strategy and treasury operations [1][3]. Group 1: Lawsuit Details - The complaint was filed in the United States District Court for the Eastern District of Virginia on behalf of investors who acquired MicroStrategy securities between April 30, 2024, and April 4, 2025 [1]. - The lawsuit claims that the defendants, including certain senior officers of the company, made false statements regarding the anticipated profitability of the company's investment strategy [3]. Group 2: Legal Participation - Investors who purchased or acquired MicroStrategy securities are encouraged to discuss their legal rights and options, with a deadline to file as lead plaintiff by July 15, 2025 [4]. - Participation in the lawsuit does not require serving as lead plaintiff, and all representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. Group 3: Firm Background - Bernstein Liebhard LLP, the law firm representing the investors, has recovered over $3.5 billion for clients since 1993 and has a strong track record in class action litigation [5].
SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against MicroStrategy Incorporated (NASDAQ: MSTR)