BTDR Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Bitdeer Technologies Group (BTDR) - Contact Kessler Topaz Meltzer & Check, LLP
BITDEERBITDEER(US:BTDR) Prnewswire·2025-12-14 17:21

Core Viewpoint - A securities class action lawsuit has been filed against Bitdeer Technologies Group for allegedly making false and misleading statements regarding its business operations and prospects during the class period from June 6, 2024, to November 10, 2025 [1][2]. Summary by Sections Allegations Against Defendants - The complaint claims that Bitdeer misrepresented its SEAL04 chip design progress, leading to production delays [2] - Bitdeer adopted a "dual-track approach" to create two independent designs to compensate for lost progress, while still assuring the public that production timelines were on track [2] - As a result, statements made by the defendants regarding the company's business and operations were materially false and misleading [2] Lead Plaintiff Process - Investors in Bitdeer can seek to be appointed as lead plaintiff by February 2, 2026, or may choose to remain absent from the class [3] - The lead plaintiff represents the interests of all class members and selects counsel to direct the litigation [3] Law Firm Background - Kessler Topaz Meltzer & Check, LLP is a prominent U.S. law firm specializing in securities-fraud class actions and investor protection [4] - The firm has a history of leading significant recoveries in securities litigation and has received multiple accolades for its work [4]