Rosen Law Firm Urges Sportradar Group AG (NASDAQ: SRAD) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers and acquirers of Sportradar Group AG (NASDAQ: SRAD) Class A ordinary shares between November 7, 2024 and April 21, 2026 (the “Class Period”). Sportradar provides data platforms and services to the global sports betting industry.
For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.
The Allegations: Rosen Law Firm is Investigating the Allegations that Sportradar Group AG (NASDAQ: SRAD) Misled Investors Regarding its Business Operations.
According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Sportradar intentionally worked with black-market gambling operators to increase its revenues, despite its assurances of strict legal and regulatory compliance and claims that ethics and integrity were crucial for Sportradar's operations; (2) Sportradar's Know-Your-Customer ("KYC") and compliance processes were not as robust as defendants' had claimed; and (3) as a result, defendants' statements about Sportradar's business, operations, and prospects lacked a reasonable basis.
