SDM IMPORTANT DEADLINE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Smart Digital Group Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SDM
Globenewswire·2026-02-28 00:18

Core Viewpoint - Rosen Law Firm is reminding purchasers of Smart Digital Group Ltd. securities of a class action lawsuit with a lead plaintiff deadline on March 16, 2026, for those who bought shares between May 5, 2025, and September 26, 2025 [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 contacting the firm or visiting their website [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by March 16, 2026 [3]. Group 2: Law Firm 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 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 was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [4]. Group 3: Case Allegations - The lawsuit alleges that Smart Digital was involved in a market manipulation scheme, including misinformation on social media and impersonation of financial professionals [5]. - It is claimed that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that the company's public statements omitted risks related to fraudulent trading [5]. - As a result of these actions, Smart Digital's securities faced a risk of trading suspension by the SEC and NASDAQ, leading to misleading statements about the company's business and operations [5].

CS Disco-SDM IMPORTANT DEADLINE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Smart Digital Group Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SDM - Reportify