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Lead Plaintiff Deadline on July 15, 2025 for MSTR Investors - Kessler Topaz Meltzer & Check, LLP Encourages Investors with Losses to Contact the Firm
MicroStrategyMicroStrategy(US:MSTR) Prnewswireยท2025-07-11 19:31

Core Viewpoint - A securities class action lawsuit has been filed against MicroStrategy Incorporated, alleging that the company made materially false and misleading statements regarding its business and operations during the specified Class Period from April 30, 2024, to April 4, 2025 [1][2]. Group 1: Allegations Against MicroStrategy - The lawsuit claims that the anticipated profitability of MicroStrategy's bitcoin-focused investment strategy was overstated [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 have until July 15, 2025, to seek appointment as a lead plaintiff representative of the class [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 lead plaintiff has the authority to select counsel to represent the class, subject to court approval [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is encouraging investors who have suffered losses to contact them for more information [4]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].