Glancy Prongay Wolke & Rotter LLP reminds Sportradar Group AG investors that July 17, 2026 is the deadline to move for lead plaintiff appointment in a class action lawsuit. The suit covers purchasers of Sportradar Class A ordinary shares between November 7, 2024 and April 21, 2026. The action follows a Muddy Waters Research report on April 22, 2026 alleging the company aided illegal gambling across black and grey markets, causing the stock to fall $3.80, or 22.6%, to close at $13.04 per share. The complaint claims defendants made false and misleading statements about compliance and KYC processes while intentionally working with black-market operators to boost revenues.
Sportradar Group AGSecurities fraud lawsuit and Muddy Waters allegations of aiding illegal gambling, causing 22.6% stock drop.