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SDM LAWSUIT ALERT: The Gross Law Firm Notifies Smart Digital Group Limited Investors of a Class Action Lawsuit and Upcoming Deadline
Globenewswire· 2026-01-22 00:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of Smart Digital Group Limited (NASDAQ: SDM) about a class action lawsuit related to allegations of market manipulation and fraudulent promotion during a specified class period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from May 5, 2025, to September 26, 2025 [3]. - Allegations include that SDM was involved in a market manipulation scheme, with false statements and omissions regarding the risks of fraudulent trading and market manipulation [3]. - The lawsuit claims that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, which misled investors about the company's true financial health [3]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action by March 16, 2026, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. - Participation in the case incurs no cost or obligation for shareholders [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Lalit Modi apologises for 'biggest fugitives' remark, calls it 'misconstrued' after video with Vijay Mallya goes viral
The Economic Times· 2025-12-29 10:08
In the now-deleted video from Mallya's 70th birthday celebrations in London, Lalit Modi joked about the pair's status as the "two biggest fugitives" of India.Issuing an apology, Lalit Modi said in an X post, "I apologise if I have hurt anyone feelings, especially the "The statement was misconstrued and was never intended to be as played out," the founding commissioner of the Indian He concluded the post by offering "deepest" apologies.Live EventsThe apology came days after India said it is committed to bri ...
X @Nick Szabo
Nick Szabo· 2025-12-22 16:04
RT Mark Mitchell, Rasmussen Reports (@honestpollster)The surprise isn't that the election was stolen in Georgia.2/3 of America thought the outcome of 2020 was likely affected by fraud.The surprise is that we haven't done anything about it. ...
X @The Wall Street Journal
The Wall Street Journal· 2025-12-22 08:48
They're called the black widows. Their con: tricking Russian soldiers into marriage for $200,000 death payouts. https://t.co/VSmKf8LRnH ...
X @Elon Musk
Elon Musk· 2025-12-21 00:31
More theft of your taxpayer dollarsMario Nawfal (@MarioNawfal):🚨🇺🇸 TWO HAITIAN NATIONALS CHARGED WITH $7 MILLION SNAP FRAUD IN MASSACHUSETTSTwo tiny storefronts were out-redeeming full-service supermarkets.Nobody noticed for years.Antonio Bonheur, 74, and Saul Alisme, 21, both Haitian nationals, were arrested and charged with https://t.co/l4l9WubHiq ...
X @Elon Musk
Elon Musk· 2025-12-20 23:44
Massive fraud on an unprecedented scaleSteve Guest (@SteveGuest):MUST READ from the WSJ: “Something is profoundly wrong with the U.S. welfare system—a problem that runs far deeper and is more dangerous than the shocking fraud in Minnesota that has been making headlines… real federal welfare spending has soared by 765%, more than twice as fast https://t.co/sjGeuqS5Ko ...
X @Forbes
Forbes· 2025-12-20 06:00
Legal & Ethical Concerns - The fashion industry faces scrutiny as influencer Chiara Ferragni is accused of defrauding consumers in 2022 through a charitable collaboration involving branded pandoro Christmas cakes [1] Influencer Marketing - The case highlights potential risks associated with influencer marketing and charitable collaborations, impacting consumer trust [1] - Chiara Ferragni, with 28 million Instagram followers, exemplifies the reach and influence of fashion influencers [1]
X @Nick Szabo
Nick Szabo· 2025-12-20 04:10
RT PoIiMath (@politicalmath)For a sense of scale on this: The US theatrical revenue of all movies last year was just under $9 billion.The scale of this fraud is so large, it is basically its own industry. If this fraud was a company, it would be one of the 20 largest companies in Minnesota. ...
X @Bloomberg
Bloomberg· 2025-12-19 18:46
Regulatory Actions - Commodity Futures Trading Commission (CFTC) 向两名举报人奖励超过 180 万美元 [1] - 奖励原因是举报人提供的信息有助于解决涉及欺诈投资者的案件 [1]