1. A class action lawsuit has been filed against Bitdeer Technologies. 2. The lawsuit claims false statements about the SEAL04 chip production timeline. 3. Investors who bought shares during the class period are encouraged to participate. 4. Class period spans from June 6, 2024, to November 10, 2025. 5. The deadline for lead plaintiff appointment is February 2, 2026.
FAQ
Why Very Bearish?
The lawsuit indicates significant legal risks and possible financial penalties for BTDR. Historical precedents show that class action lawsuits often lead to decreased investor confidence and stock price declines.
How important is it?
The lawsuit directly involves BTDR and highlights potential misrepresentation, posing serious risks to its market reputation and valuation.
Why Long Term?
The lawsuit's implications may linger and affect stock performance until resolved, as seen in similar cases. Legal outcomes often extend well beyond initial settlements or rulings.
Related Companies
Class Action Lawsuit Filed Against Bitdeer Technologies Group (NASDAQ: BTDR)
The DJS Law Group has announced a class action lawsuit against Bitdeer Technologies Group (“Bitdeer” or “the Company”) for alleged violations of major securities laws. This legal action relates to potential misconduct involving violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Rule 10b-5 enforced by the U.S. Securities and Exchange Commission.
Key Details of the Class Action
- Class Period: June 6, 2024, to November 10, 2025
- Filing Deadline: February 2, 2026
Shareholders who purchased shares of BTDR during the specified class period are encouraged to reach out to DJS Law Group regarding their eligibility for lead plaintiff appointments. Notably, participation in the recovery process does not require appointment as the lead plaintiff.
Allegations Against Bitdeer Technologies
According to the Complaint, Bitdeer allegedly provided false and misleading information to the market. Key allegations include:
- The Company misrepresented the timeline for the mass production of the SEAL04 chip, which was anticipated to start in Q2 2025 but is now delayed.
- Bitdeer misled investors regarding the status of the overall SEALMINER A4 project.
The lawsuit claims that these statements severely misled investors, creating a materially false narrative throughout the class period. Those shareholders who believe they have incurred losses as a result of these misrepresentations are urged to contact the DJS Law Group.
Why Choose DJS Law Group?
DJS Law Group is dedicated to enhancing investor returns through strategic counseling and robust advocacy. The firm specializes in various aspects of securities class actions, corporate governance litigation, and domestic/international M&A appraisals. They represent some of the most prominent hedge funds and alternative asset managers globally, ensuring that litigation claims are treated as valuable assets that deserve significant focus and results.
Join the Class Action
Investors who have suffered losses tied to BTDR are encouraged to join the case to seek recovery. This press release may be deemed as attorney advertising in certain jurisdictions, aligning with applicable legal frameworks and ethical guidelines.
Contact Information
For more information, please contact:
David J. SchwartzDJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: info@djslawgroup.com