Important Alert for Investors of Smart Digital Group Limited: Class Action Lawsuit Update

Important Alert for Investors of Smart Digital Group Limited



The Gross Law Firm has issued a crucial notification for shareholders of Smart Digital Group Limited (NASDAQ: SDM), calling attention to a class action lawsuit that could significantly impact investors. This alert is particularly aimed at those who acquired shares during the recorded class period, which spans from May 5, 2025, to September 26, 2025.

Class Action Lawsuit Details


The allegations within the lawsuit claim that during the stated timeframe, the defendants engaged in several unlawful activities, including the dissemination of materially false and misleading statements. These actions allegedly occurred amidst a scheme of market manipulation and fraudulent promotions driven by misleading social media information and impersonation of financial professionals. This practice notably misled investors regarding the company’s actual performance and potential risks.

Additionally, insiders reportedly manipulated stock prices through coordinated share dumping using offshore accounts, which was not disclosed in the company's public statements. The lawsuit argues that as a result of these actions, SDM securities faced an imminent suspension in trading by regulatory bodies like the SEC and NASDAQ.

What Investors Should Know


The Gross Law Firm urges all shareholders who purchased SDM shares during the aforementioned period to register for this class action promptly, as the deadline to apply to become a lead plaintiff is set for March 16, 2026. Registration can be completed through their dedicated form, ensuring that shareholders do not miss the chance to participate in the recovery process, even if they choose not to seek lead plaintiff status.

Upon registration, shareholders will gain access to a portfolio monitoring software, providing continuous updates on the status of their case. This monitoring system is designed to keep investors informed throughout the legal proceedings without any financial obligation on their part.

The Role of The Gross Law Firm


The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceitful practices. The firm focuses on holding companies accountable for their actions that lead to investor losses due to fraud or misinformation. They strive for recovery for affected investors who suffered losses linked to false claims or omissions from the companies they invested in.

Attorney advertising applies to all cases handled by the firm, and while prior results do not guarantee similar outcomes, their track record speaks to their dedication and effectiveness in representing investors' interests.

Contact Information


For shareholders seeking further information or to register for the lawsuit, they can reach out via the following details:

  • - Address: The Gross Law Firm, 15 West 38th Street, 12th Floor, New York, NY, 10018
  • - Email: [email protected]
  • - Phone: (646) 453-8903

Investors affected by the situation should act swiftly to safeguard their interests and ensure they receive possible recoveries. The deadline is approaching, and every shareholder's voice matters in this legal battle.

Stay informed and vigilant regarding your investments, and do not hesitate to reach out if you have questions or concerns regarding your participation in this class action lawsuit.

Topics Financial Services & Investing)

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