PRNewsWire
13 Jun 2026, 02:00 UTC · 3h ago
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3 claims · each scored for market impact
Sportradar Group AG is facing a securities class action lawsuit alleging the company intentionally worked with black-market gambling operators to inflate revenues. — Allegations of fraudulent revenue generation and illegal partnerships suggest significant regulatory risk and potential financial misstatements.
-0.60The lawsuit claims Sportradar's Know-Your-Customer (KYC) and compliance processes were not as robust as the company had represented to investors. — Weakness in compliance and KYC processes increases the risk of regulatory fines and operational sanctions in the highly regulated gambling data industry.
-0.40A deadline of July 17, 2026, has been set for investors with losses exceeding $100,000 to file as lead plaintiffs in the case Smale v. Sportradar Group AG. — While a procedural step, the active pursuit of lead plaintiffs indicates the progression of the litigation toward potential settlement or trial.
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Which stocks this story touches
The company is mentioned as the subject of another shareholder alert regarding a class action lawsuit.
The company is facing a securities class action lawsuit alleging false statements and illegal dealings with black-market gambling operators.
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3h ago
