Join the Class Action Against Iris Energy Limited by December 2024: Important Information for Investors

Class Action Notice for Investors in Iris Energy Limited

A crucial announcement has been made for investors of Iris Energy Limited (NASDAQ: IREN). Levi & Korsinsky, LLP, a respected law firm, is notifying shareholders about a pending class action lawsuit that aims to recover losses suffered due to alleged securities fraud linked to the company. The deadline to join this class action is December 6, 2024.

Overview of the Lawsuit

The lawsuit centers around detrimental claims affecting Iris Energy investors between June 23, 2023, and July 11, 2024. The allegations state that the defendants misrepresented critical information about the company's potential, particularly regarding its data centers located in Childress County, Texas. Reports indicate that there were material deficiencies at this site, which significantly impacted the firm's operations. Consequently, statements made by the company's executives about their business prospects were found to be misleading or lacked a sound basis.

Who Should Join the Class Action?

If you have experienced financial losses because of your investment in Iris Energy during the defined timeframe, consider your eligibility to join this class action. Participating may provide a pathway to recover some of those losses. It’s not necessary to serve as a lead plaintiff to participate in potential compensation recovery.

How to Participate

Investors interested in joining the class action can fill out a submission form available here. Alternatively, you can contact Joseph E. Levi, Esq. through email at [email protected] or call (212) 363-7500 for more information.

The process is designed to be hassle-free, where you won't incur any out-of-pocket expenses, allowing all class members to participate without financial obligations.

Levi & Korsinsky's Track Record

Levi & Korsinsky is recognized for its dedication to protecting shareholder rights. With over two decades of experience, the firm has successfully recovered hundreds of millions of dollars for its clients and consistently ranks among the top litigation firms in the United States specializing in securities. Their knowledgeable team, comprising over 70 legal experts, is prepared to navigate the complexities of this case.

Conclusion

As the December deadline approaches, it is vital for investors in Iris Energy Limited to evaluate their position and take action if applicable. This class action could present an opportunity for financial recovery. For further information about the case and next steps, do not hesitate to reach out to Levi & Korsinsky or visit their website for more resources.

For any inquiries, the law firm is located at:
Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004
Tel: (212) 363-7500
Fax: (212) 363-7171
Website: www.zlk.com