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Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Smart Digital (SDM) To Contact Him Directly To Discuss Their Options If you purchased or acquired SDM securities between May 5, 2025, and September 26, 2025, at 9:34 AM EST and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Forunato directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- What ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Smart Digital Group Ltd. (NASDAQ: SDM) during the specified Class Period of the upcoming lead plaintiff deadline on March 16, 2026 [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] - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6] Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, 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 for investors [4] - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [4] Group 3: Case Specifics - Smart Digital is accused of being involved in a market manipulation scheme that included misinformation and impersonation of financial professionals [5] - The lawsuit claims that insiders used offshore accounts to facilitate share dumping 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 the risk of trading suspension by the SEC and NASDAQ, leading to investor damages when the truth was revealed [5]

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Limited (SDM) for alleged market manipulation and fraudulent promotion, impacting investors who acquired SDM securities between May 5, 2025, and September 26, 2025 [7]. Allegation Details - The lawsuit claims that SDM failed to disclose significant risks, including involvement in a market manipulation scheme and the use of offshore accounts for share dumping [7]. - It is alleged that SDM's public statements did not mention the risks of fraudulent trading or market manipulation, which led to a significant drop in stock price [7]. - On September 26, 2025, SDM's stock price fell by 86.4% to $1.85 per share after a trading halt due to volatility, followed by a suspension of trading by the SEC and NASDAQ due to potential manipulation [7]. Next Steps - Investors who suffered losses and wish to discuss their legal rights are encouraged to contact Bragar Eagel & Squire, P.C. for more information [4][8]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is March 16, 2026 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation, including securities and commercial cases [5].

Core Viewpoint - The complaint against Smart Digital Media (SDM) alleges violations of federal securities laws, including false statements and failure to disclose significant risks related to market manipulation and fraudulent activities [2]. Group 1: Allegations and Violations - The complaint claims that SDM was involved in a market manipulation scheme that included misinformation on social media and impersonation of financial professionals [2]. - It is alleged that insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign [2]. - SDM's public statements failed to mention the risks of fraudulent trading and market manipulation, which could lead to a suspension of trading by the SEC and NASDAQ [2]. - The positive statements made by the defendants regarding SDM's business and prospects were misleading and lacked a reasonable basis [2]. Group 2: Stock Price Impact and Trading Suspension - On September 26, 2025, SDM's stock price dropped by 86.4%, closing at $1.85 per share, following a trading halt by NASDAQ due to volatility [3]. - The SEC suspended trading in SDM securities from September 29, 2025, to October 10, 2025, due to potential manipulation linked to social media recommendations [3]. - After the SEC suspension, NASDAQ also suspended trading in SDM securities pending further information, with no clear end to the suspension [3]. Group 3: Legal Proceedings - A court-appointed lead plaintiff will represent the interests of the class in the litigation, and any member of the class can move to serve as lead plaintiff [4]. - The law firm Faruqi & Faruqi encourages individuals with information about SDM's conduct to come forward, including whistleblowers and former employees [5].

BENSALEM, Pa., Jan. 27, 2026 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Smart Digital Group Limited ("SDM" or the "Company") (NASDAQ: SDM). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SMART DIGITAL GROUP LIMITED (SDM), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE MARCH 16, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the ...

Core Viewpoint - The article discusses a class action lawsuit against Smart Digital Group Limited (SDM) due to allegations of market manipulation and misleading statements made by the company's executives during a specific class period from May 5, 2025, to September 26, 2025 [1][4]. Group 1: Trading Activity and SEC Involvement - On September 26, 2025, NASDAQ halted trading of SDM stock after a significant spike in trading activity, with over 270,000 orders in just one minute, representing approximately 30% of the average daily volume [2]. - Following the trading halt, SDM's stock price dropped to $1.85 per share, an 88% decrease from the previous day's closing price [2]. - The SEC announced a temporary suspension of trading in SDM from September 29, 2025, to October 25, 2025, due to potential manipulation linked to social media recommendations aimed at inflating the stock price [3]. Group 2: Allegations in the Lawsuit - The lawsuit claims that SDM's executives made materially false and misleading statements and failed to disclose significant adverse facts about the company's operations and prospects [4]. - Specific allegations include the existence of a market manipulation scheme involving social media misinformation, insider trading through offshore accounts, and a lack of disclosure regarding the risks of fraudulent trading [4]. - The lawsuit asserts that these misleading statements created a false impression of the company's stability and growth potential, ultimately leading to a suspension of trading by the SEC and NASDAQ [4].

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].

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Limited (SDM) for alleged securities fraud during the class period from May 5, 2025, to September 26, 2025, with investors having until March 16, 2026, to file a lead plaintiff motion [1] Group 1: Trading Activity and SEC Involvement - On September 26, 2025, NASDAQ temporarily halted trading of SDM stock due to volatility, with over 270,000 orders placed in a single minute, representing approximately 30% of the average daily volume [3] - Following this, the SEC announced a temporary suspension of trading in SDM from September 29, 2025, to October 25, 2025, due to potential manipulation through social media recommendations aimed at inflating the stock price [4] - Trading in SDM remains suspended as of October 11, 2025, pending additional information from the company [4] Group 2: Allegations in the Lawsuit - The lawsuit alleges that SDM's management made materially false and misleading statements and failed to disclose adverse facts about the company's operations and prospects [5] - Specific allegations include involvement in a market manipulation scheme, use of offshore accounts for share dumping, and omission of risks related to fraudulent trading [5] - The lawsuit claims that SDM's positive statements about its business lacked a reasonable basis and misled investors regarding the company's true situation [5]

Core Viewpoint - A class action lawsuit has been filed against Smart Digital Group Limited (SDM) for alleged market manipulation and fraudulent promotion, impacting investors who acquired SDM securities between May 5, 2025, and September 26, 2025 [6]. Allegation Details - The lawsuit claims that SDM failed to disclose significant risks, including involvement in a market manipulation scheme and the use of offshore accounts for share dumping [6]. - It is alleged that SDM's public statements omitted risks related to fraudulent trading, which led to a significant drop in stock price [6]. - On September 26, 2025, SDM's stock price fell by 86.4% to $1.85 per share after a trading halt due to volatility [6]. Next Steps - Investors who suffered losses and wish to participate in the lawsuit must apply to be appointed as lead plaintiff by March 16, 2026 [6]. - Interested parties can contact Bragar Eagel & Squire, P.C. for more information regarding their rights and the claims [4][8]. Company Information - Bragar Eagel & Squire, P.C. is a law firm specializing in representing investors in securities litigation and has a nationwide practice [5].