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SDM Investors Have Opportunity to Lead Smart Digital Group Ltd. Securities Fraud Lawsuit

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NASDAQ:SDM
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NEW YORK, Jan. 15, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm,

Original source

AI Summary

Rosen Law Firm initiated a class action lawsuit against Smart Digital Group. The lawsuit addresses securities fraud related to misleading statements. Investors from May to September 2025 may seek compensation. Allegations include market manipulation and insider trading risks. The case highlights potential SEC/NASDAQ trading suspension risks.

Sentiment Rationale

Historically, class action lawsuits can lead to stock price declines. For example, similar lawsuits have caused stock value drops in technology firms facing fraud allegations.

Trading Thesis

This lawsuit may impact investor sentiment and stock price over an extended period. Similar cases have often led to persistent declines until resolved.

Market-Moving

  • Rosen Law Firm initiated a class action lawsuit against Smart Digital Group.
  • The lawsuit addresses securities fraud related to misleading statements.
  • Investors from May to September 2025 may seek compensation.

Key Facts

  • Rosen Law Firm initiated a class action lawsuit against Smart Digital Group.
  • The lawsuit addresses securities fraud related to misleading statements.
  • Investors from May to September 2025 may seek compensation.
  • Allegations include market manipulation and insider trading risks.
  • The case highlights potential SEC/NASDAQ trading suspension risks.

Companies Mentioned

  • NASDAQ:SDM (NASDAQ:SDM)

Legal

The lawsuit directly affects SDM's perceived legitimacy and investor confidence, potentially influencing future stock performance.

NEW YORK, Jan. 15, 2026 /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Smart Digital Group Ltd. (NASDAQ:SDM) between May 5, 2025 and September 26, 2025 at 9:34 AM EST. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 16, 2026.

So what: If you purchased SDM 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 arrangement.

What to do next: To join the SDM class action, go to https://rosenlegal.com/submit-form/?case_id=50638 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 16, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: Smart Digital describes itself as a company that provides digital marketing services. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Smart Digital was the subject of a market manipulation and fraudulent promotion scheme involving social-media based misinformation and impersonators posing as financial professionals; (2) insiders and/or affiliates used and/or intended to use offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; (3) Smart Digital's public statements and risk disclosures omitted any mention of realized risk of fraudulent trading or market manipulation used to drive Smart Digital's stock price; (4) as a result, Smart Digital securities were at unique risk of a sustained suspension in trading by either or both of the SEC and NASDAQ; and (5) as a result of the foregoing, defendants' positive statements about Smart Digital's business, operations and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SDM class action, go to https://rosenlegal.com/submit-form/?case_id=50638 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.

      Phillip Kim, Esq.

      The Rosen Law Firm, P.A.

      275 Madison Avenue, 40th Floor

      New York, NY 10016

      Tel: (212) 686-1060

      Toll Free: (866) 767-3653

      Fax: (212) 202-3827

      case@rosenlegal.com

      www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P. A.

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