Core Viewpoint - Robbins LLP is urging stockholders of Smart Digital Group Limited (NASDAQ: SDM) who have incurred significant losses to contact the firm regarding a class action lawsuit filed on their behalf, focusing on allegations of market manipulation and fraudulent promotion schemes [1]. Group 1: Allegations and Legal Actions - The class action lawsuit pertains to investors who purchased SDM securities between May 5, 2025, and September 26, 2025 [1]. - Allegations include that insiders facilitated a market manipulation scheme involving misinformation on social media and impersonators posing as financial professionals [1]. - It is claimed that insiders used offshore accounts to coordinate the dumping of shares during a price inflation campaign, and that SDM's public statements failed to disclose risks related to fraudulent trading [1]. Group 2: Stock Price Impact - On September 26, 2025, SDM's stock price plummeted by 86.4%, closing at $1.85 per share after a trading halt due to volatility [1]. - The SEC suspended trading of SDM securities from September 29, 2025, to October 10, 2025, due to potential manipulation linked to social media recommendations [1]. - NASDAQ also suspended trading in SDM securities on October 11, 2025, pending further information [1]. Group 3: Participation in Class Action - Shareholders interested in serving as lead plaintiffs must submit their papers by March 16, 2026, but participation is not required to be eligible for recovery [1]. - All representation in the class action is on a contingency fee basis, meaning shareholders incur no fees or expenses [1].