SRAD Investors Have Opportunity to Lead Sportradar Group AG Securities Fraud Lawsuit with the Schall Law Firm
GlobeNewswire | Schall Law
Today at 2:40am UTC
LOS ANGELES, May 19, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sportradar Group AG (“Sportradar” or “the Company”) (NASDAQ: SRAD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company’s securities between November 7, 2024 and April 21, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before July 17, 2026.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Sportradar sought to increase its revenues by working with black-market gambling organizations, despite claiming strict compliance with legal and regulatory guidelines. The Company’s compliance and Know-Your-Customer processes failed to match its claims. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Sportradar, investors suffered damages.
Stuff the Bus Foundation founder Tony Rose (left), hands Foundation President Kyle Wolz a box of donated school supplies Saturday during the annual Stuff the Bus event at Crossroads Express in 2022.
