#United States #New York #Securities Fraud #class action lawsuit #Iris Energy Limited

Join the Class Action Against Iris Energy Limited

On December 2, 2024, Levi & Korsinsky, LLP announced a significant opportunity for investors in Iris Energy Limited (NASDAQ: IREN). Those who believe they have incurred losses between June 23, 2023, and July 11, 2024, are urged to participate in a class action lawsuit aimed at recovering damages due to alleged securities fraud.

Background of the Allegations

According to the filed complaint, there were numerous claims regarding the company's misleading statements. Specifically, the lawsuit reveals that Iris Energy allegedly exaggerated their prospects related to data centers and high-performance computing. A major focus lies in the reported deficiencies at Iris Energy's facility located in Childress County, Texas. As a result of these false declarations, the company's outlined business operations and future outlook were rendered materially inaccurate and misleading.

What This Means for Investors

If you are an investor who suffered losses during the specified time frame, it's crucial to act swiftly. The deadline to request that the Court appoint you as the lead plaintiff is December 6, 2024. However, you need not serve as a lead plaintiff to be eligible for any potential recovery. The firm emphasizes that there will be no costs or obligations to participate in this class action, making it an accessible avenue for those looking to reclaim their losses.

Levi & Korsinsky's Expertise

Levi & Korsinsky brings over two decades of experience in securities litigation, having successfully recovered hundreds of millions for their clients. The firm is recognized in the industry, having been ranked among the top securities litigation firms in the United States for seven consecutive years. With a dedicated team of over 70 professionals, they are well-equipped to navigate these complex legal challenges.

Next Steps for Interested Investors

Investors wishing to join the class action can gather further information through Levi & Korsinsky’s official website or directly contact Joseph E. Levi, Esq. via email or phone. To learn more and submit your case, visit the link provided in the announcement. Affected investors will receive support throughout the process, ensuring they understand their rights and options.

Contact Information:
Joseph E. Levi, Esq.
Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: [email protected]
Phone: (212) 363-7500

Don’t miss this chance to join a collective effort to seek justice against alleged misconduct in the market. If you’ve been impacted, now is the time to act.