#United States #Kessler Topaz #Securities Fraud #Radnor #Bitdeer Technologies

Class Action Lawsuit Filed Against Bitdeer Technologies Group

In a significant legal development, Kessler Topaz Meltzer & Check, LLP announced the initiation of a securities fraud class action lawsuit against Bitdeer Technologies Group (NASDAQ: BTDR). This announcement serves as a crucial reminder to investors who acquired Bitdeer securities between June 6, 2024, and November 10, 2025. The firm is urging affected investors to consider taking action before the upcoming lead plaintiff deadline on February 2, 2026.

Allegations Against the Company

The allegations detailed in the complaint suggest that throughout the designated class period, the defendants engaged in misleading practices that resulted in significant misrepresentations regarding Bitdeer's business activities. Critics point out several core issues:

1. Production Delays: The complaint asserts that the defendants failed to disclose operational setbacks, particularly regarding issues associated with the SEAL04 chip design, which has reportedly led to delays in production timelines.

2. Dual-Track Approach: The defendants reportedly adopted a 'dual-track approach’ attempting to create two independent designs in an effort to recover lost production time. Yet, despite these operational challenges, Bitdeer continued to publicly convey that its production timelines remained intact.

3. Material Misleading Statements: As a result of the aforementioned issues, statements made by defendants about Bitdeer’s overall business health were criticized as materially false and overwhelmingly lacking a reasonable basis, which misled investors regarding the firm’s future potential and operations.

What Investors Should Know

Investors who purchased or otherwise acquired Bitdeer securities during the specified period have the option to apply for lead plaintiff representation in the lawsuit. This lead plaintiff will act on behalf of all class members, taking charge of the litigation process. Generally, the lead plaintiff is someone (or a small group of investors) with the most substantial financial interest in the case, who is also deemed to be representative of the affected investor class.

Moreover, it’s essential for investors to understand that their entitlement to any potential financial recovery in this matter will not be dipped into by the actions of those who decide whether or not to become lead plaintiffs. This ensures that every affected investor has a claim to any future recoveries.

Those who believe they have experienced losses in connection to Bitdeer Technologies are strongly encouraged to reach out to Kessler Topaz Meltzer & Check, LLP to obtain detailed information about the case. Interested parties can sign up for the Bitdeer case through dedicated communication avenues provided by the law firm.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is renowned as a prominent law firm in the U.S., advocating for shareholder rights and focusing on securities-fraud class actions. The firm has successfully represented various institutional and individual investors while being recognized for a multitude of successful recoveries in securities litigation. Their reputation and standing in the legal community have been solidified through numerous accolades and awards, indicating their commitment to protecting investor interests on a global scale.

For those interested, more information and avenues for communication can be found at Kessler Topaz's official website.