#United States #New York #Gross Law Firm #Smart Digital Group #SDM Class Action

Understanding the Situation of Smart Digital Group Limited

The Gross Law Firm has issued an important announcement for shareholders of Smart Digital Group Limited (NASDAQ: SDM). As part of an ongoing lawsuit addressing potential securities fraud and market manipulation, investors are encouraged to register their claims ahead of the lead plaintiff deadline, which is set for March 16, 2026. This article aims to elaborate on the key elements of this legal proceeding and what shareholders should be aware of.

Background on Smart Digital Group Limited

Smart Digital Group is a publicly traded company that provides services primarily in the digital sector. However, during the period from May 5, 2025, to September 26, 2025, the company reportedly faced serious allegations that led to a significant decline in its stock price. In the fallout of these events, the Gross Law Firm stepped in to protect the rights of investors who may have suffered financial losses due to misleading corporate conduct.

Key Allegations

The lawsuit highlights several critical allegations against the company:
1. Market Manipulation: It is claimed that there was a coordinated effort to inflate the price of SDM shares through a deceptive promotion scheme involving misinformation on social media.
2. Sharing and Trading Irregularities: Insiders are accused of using offshore accounts to dump shares during inflated pricing campaigns, which created an artificially high stock value.
3. Misleading Statements: SDM’s management allegedly failed to disclose vital information regarding the risks associated with these manipulative practices, misleading investors and inflating confidence in the company’s prospects.
4. Potential Trading Suspension: Due to these allegations, SDM shares faced the risk of suspension in trading by financial regulatory bodies such as the SEC and NASDAQ.

These allegations cast a shadow on the integrity and transparency of SDM's operations, prompting the legal action on behalf of aggrieved shareholders.

Steps for Shareholders

Shareholders who purchased SDM shares during the designated class period are urged to connect with the Gross Law Firm to explore their eligibility for potential lead plaintiff status. While it is not necessary to be appointed as a lead plaintiff to recover losses, early registration can ensure that investors are informed and may grant access to vital updates regarding the case through a portfolio monitoring tool.

Important Links:

• - Registration for Participation: Interested investors can find the registration link on the Gross Law Firm website.

Conclusion

If you are a shareholder of Smart Digital Group Limited, it's imperative that you act quickly. The lead plaintiff deadline on March 16, 2026, is fast approaching, and taking prompt action can position you for potential recourse should the claims be proven valid. The Gross Law Firm, known for its commitment to investor rights and safeguarding against corporate misdeeds, is prepared to assist affected investors in navigating this complex legal landscape.

For inquiries and legal consultation, contact the Gross Law Firm at 15 West 38th Street, 12th Floor, New York, NY, 10018 or reach them by phone at (646) 453-8903.