Pomerantz Law Firm Notifies Investors of Class Action Against Smart Digital Group Limited with Critical Deadlines
Pomerantz Law Firm Alerts Investors of Class Action Lawsuit Against Smart Digital Group Limited
On February 12, 2026, Pomerantz LLP officially announced a class action lawsuit targeting Smart Digital Group Limited (NASDAQ: SDM). Investors affected by recent stock fluctuations are urged to take prompt action as important deadlines approach. This legal action primarily addresses allegations of securities fraud and unlawful business practices believed to have been committed by Smart Digital and certain leading executives of the company.
Understanding the Situation
The class action lawsuit arises from significant turmoil surrounding Smart Digital's stock performance. On September 26, 2025, the company experienced a staggering 86.4% drop in its stock value, plummeting to just $1.85 per share. This decline was triggered by an abrupt trading halt issued by NASDAQ due to unusually high volatility shortly after the market opened for the day. The situation escalated when the U.S. Securities and Exchange Commission (SEC) intervened, suspending trading in Smart Digital's securities from September 29 through October 10, 2025.
The SEC cited
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