Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Smart Digital Group Limited due to allegations of securities law violations, urging affected investors to take action before the March 16, 2026 deadline [2][4]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses exceeding $50,000 in Smart Digital between May 5, 2025, and September 26, 2025, to contact them for legal options [1]. - A federal securities class action has been filed against Smart Digital, with a deadline for investors to seek the role of lead plaintiff by March 16, 2026 [2][5]. Group 2: Allegations Against Smart Digital - The complaint alleges that Smart Digital and its executives made false and misleading statements, failing to disclose involvement in a market manipulation scheme [4]. - Specific allegations include the use of social media misinformation, insider trading through offshore accounts, and omissions regarding the risks of fraudulent trading that could lead to trading suspensions by the SEC and NASDAQ [4]. - The misleading statements about the company's business and operations have been highlighted as materially deceptive [4]. Group 3: Firm Background - Faruqi & Faruqi, LLP is a prominent national securities law firm with a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3]. - The firm has offices in New York, Pennsylvania, California, and Georgia, indicating a broad operational footprint [3].
SDM SHAREHOLDER ACTION: Faruqi & Faruqi, LLP Reminds Smart Digital (SDM) Investors of the Securities Class Action Lawsuit Deadline on March 16, 2026