Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Nov. 27, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Iris Energy Limited Investors ("Iris Energy Limited" or the "Company") (NASDAQ: IREN) investors of a class action representing investors that bought securities between June 20, 2023 and July 11, 2024, inclusive (the "Class Period"). Iris Energy Limited investors have until December 6, 2024 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The lawsuit alleges that during the Class Period, the defendants made false or misleading statements and failed to disclose important information, specifically: (1) they exaggerated Iris Energy’s potential in data centers and high-performance computing, largely due to significant issues at its site in Childress County, Texas; and (2) consequently, their statements about the company’s business, operations, and future prospects were materially inaccurate and lacked a reasonable basis. When the actual information became known, the lawsuit claims investors experienced losses.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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