Hagens Berman Sobol Shapiro LLP reminds investors that today, July 17, 2026, is the lead plaintiff deadline in a securities class action against Sportradar Group AG. The lawsuit represents purchasers of Sportradar Class A ordinary shares between November 7, 2024 and April 21, 2026. It alleges the company concealed partnerships with black-market unlicensed gambling operators to inflate revenues, contradicting its public claims of strict compliance. On April 22, 2026, reports from Muddy Waters Research and Callisto Research accused Sportradar of deriving an estimated 20 to 40 percent of total revenues from illegal operators, triggering a 22 percent single-day stock drop that erased over 800 million dollars in market capitalization. Hagens Berman is investigating the claims and encourages investors who suffered losses to contact the firm.
Sportradar Group AGLawsuit alleges concealed partnerships with illegal gambling operators, triggering 22% stock drop and $800M market cap loss.