Kessler Topaz Meltzer & Check, LLP has filed a securities fraud class action lawsuit against Sportradar Group AG on behalf of investors who purchased or acquired Sportradar Class A ordinary shares between November 7, 2024, and April 21, 2026. The lawsuit, filed in the United States District Court for the Southern District of New York, alleges that the company made materially false and misleading statements and failed to disclose that it intentionally worked with black-market gambling operators to boost revenues, contrary to its claims of strict compliance and integrity. On April 22, 2026, reports from Muddy Waters Research and Callisto Research revealed these practices, causing Sportradar's stock to drop $3.80 per share, or approximately 22.6%, from a close of $16.84 to $13.04. Investors have until July 17, 2026, to seek lead plaintiff status.
Sportradar Group AGSecurities fraud class action lawsuit alleging false statements and undisclosed dealings with black-market gambling operators, causing 22.6% stock drop.
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