SDM FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Smart Digital Group Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - SDM
TMX Newsfile·2026-02-20 23:36

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Smart Digital Group Ltd. (NASDAQ: SDM) between May 5, 2025, and September 26, 2025, of the upcoming lead plaintiff deadline on March 16, 2026, for a class action lawsuit related to alleged market manipulation and fraudulent activities [1]. Group 1: Class Action Details - Investors who purchased SDM securities during the specified Class Period 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 can join by submitting a form or contacting the law firm directly [3][6]. - The lead plaintiff must file a motion with the Court by March 16, 2026, to represent other class members in the litigation [3]. Group 2: Allegations Against Smart Digital Group - The lawsuit alleges that during the Class Period, Smart Digital made false and misleading statements and failed to disclose significant risks related to market manipulation and fraudulent promotion schemes [5]. - 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 a suspension of trading by the SEC and NASDAQ [5]. - As a result of these actions, the positive statements made by Smart Digital regarding its business and operations were deemed materially misleading, leading to investor damages when the truth was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, and many attorneys at the firm have received accolades from legal publications [4].

CS Disco-SDM FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Smart Digital Group Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - SDM - Reportify