Core Viewpoint - A class action lawsuit has been filed against Iris Energy Limited for allegedly making false and misleading statements regarding its business prospects and operations during the specified Class Period [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit was filed in the United States District Court for the Eastern District of New York on behalf of all individuals and entities who purchased Iris Energy securities between June 20, 2023, and July 11, 2024 [1]. - Investors have until December 6, 2024, to apply to the Court to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Iris Energy - Defendants are accused of overstating Iris Energy's prospects related to data centers and high-performance computing due to material deficiencies at the company's site in Childress County, Texas [3]. - The lawsuit claims that the statements made by the defendants regarding the company's business, operations, and prospects were materially false and misleading, lacking a reasonable basis throughout the Class Period [3]. - Investors reportedly suffered damages when the true details about the company's situation became public [3].

Core Viewpoint - A securities class action lawsuit has been filed against Iris Energy Ltd. for allegedly making false or misleading statements regarding its business prospects during the Class Period from June 20, 2023, to July 11, 2024 [1][2]. Company Overview - Iris Energy Ltd. is based in Sydney, Australia, and positions itself as a leading next-generation data center business focused on powering Bitcoin, AI, and other technologies [2]. Lawsuit Details - The lawsuit claims that throughout the Class Period, the defendants overstated Iris' prospects related to data centers and high-performance computing (HPC), primarily due to material deficiencies at its Childress County, Texas site [2]. - Investors who purchased IRIS securities during the Class Period can seek to be appointed as lead plaintiff representatives by December 6, 2024 [2].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Iris Energy Limited regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's business prospects and operations [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from June 23, 2023, to July 11, 2024 [1]. - The complaint claims that defendants overstated Iris Energy's prospects related to data centers and high-performance computing, primarily due to deficiencies at the Childress County, Texas site [1]. - It is alleged that the defendants' statements about the company's business, operations, and prospects were materially false and misleading, lacking a reasonable basis throughout the relevant period [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action, with a deadline of December 6, 2024, to seek lead plaintiff status [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].

NEW YORK, Nov. 03, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Iris Energy Limited (NASDAQ: IREN) between June 20, 2023 and July 11, 2024, both dates inclusive (the “Class Period”), of the important December 6, 2024 lead plaintiff deadline. SO WHAT: If you purchased Iris Energy securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrange ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Iris Energy Limited due to allegations of misleading statements regarding the company's business prospects and operations, particularly related to its data centers and high-performance computing capabilities [3][4]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who suffered losses exceeding $75,000 in Iris Energy between June 20, 2023, and July 11, 2024, to discuss their legal rights [1]. - A federal securities class action has been filed against Iris Energy, with a deadline of December 6, 2024, for investors to seek the role of lead plaintiff [1][5]. - The complaint alleges that Iris Energy and its executives violated federal securities laws by making false and misleading statements about the company's prospects and operations [3]. Group 2: Company Performance and Market Reaction - On July 11, 2024, Culper Research issued a report taking a short position in Iris Energy, claiming the company is misrepresenting its capabilities as a high-performance computing data center [4]. - Following the report, Iris Energy's stock fell by $1.70 per share, or 13.1%, closing at $11.20 per share on the same day [4]. Group 3: Company Background and Contact Information - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [2]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Iris Energy's conduct [6].

SAN DIEGO, Nov. 1, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Iris Energy Limited (NASDAQ: IREN) publicly traded securities between June 20, 2023 and July 11, 2024, all dates inclusive (the "Class Period"), have until December 6, 2024 to seek appointment as lead plaintiff of the Iris Energy class action lawsuit. Captioned Williams-Israel v. Iris Energy Limited, No. 24-cv-07046 (E.D.N.Y.), the Iris Energy class action lawsuit charges Iris Energy as well as ...

NEW YORK, Oct. 31, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Iris Energy Limited (NASDAQ: IREN). Shareholders who purchased shares of IREN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/iris-energy-loss-submission-form/?id=110018&from=4 CLASS PERIOD: June 23, 2023 to ...

NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Iris Energy Limited ("Iris Energy" or the "Company") (NASDAQ: IREN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Iris Energy investors who were adversely affected by alleged securities fraud between June 23, 2023 and July 11, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/iris-energy-lawsuit- ...

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Iris Energy Limited (NASDAQ: IREN). Shareholders who purchased shares of IREN during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/iris-energy-loss-submission-form/?id=109663&from=3 CLASS PERIOD: June 23, 2023 ...

PHILADELPHIA, Oct. 28, 2024 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against Iris Energy Ltd. (“Iris” or the “Company”) (NASDAQ: IREN). The lawsuit has been filed on behalf of purchasers of IRIS securities between June 20, 2023 and July 11, 2024, inclusive (the “Class Period”). CLICK HERE TO LEARN MORE ABOUT THIS LAWSUIT. Investors who purchased or acquired IRIS ENERGY securities during the Class Period may, no later than DECEMBER 6, 2024, seek to be appointed as a lead plaintiff ...