ROSEN, A LEADING LAW FIRM, Encourages Smart Digital Group Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SDM
Globenewswire·2026-01-31 19:55

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Smart Digital Group Ltd. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased SDM securities between May 5, 2025, and September 26, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 16, 2026 [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. Group 3: Case Details Against Smart Digital - Smart Digital is accused of being involved in a market manipulation and fraudulent promotion scheme, which included misinformation on social media and impersonation of financial professionals [5]. - The lawsuit claims that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that Smart Digital's public statements failed to disclose risks related to fraudulent trading [5]. - As a result of these actions, Smart Digital securities faced the risk of trading suspension by the SEC and NASDAQ, leading to misleading positive statements about the company's business and operations [5].