GlobeNewsWire
01 Jun 2026, 18:49 UTC · 2h ago
SRAD UPCOMING DEADLINE: Levi & Korsinsky Alerts Sportradar Group AG Stockholders of Securities Class Action - Contact the Firm
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GlobeNewsWire
01 Jun 2026, 18:49 UTC · 2h ago
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Story key points
3 claims · impact-rated
Investigative reports from Muddy Waters and Callisto Research allege Sportradar knowingly partnered with black-market gambling operators in Asia, Russia, and Turkey. — Allegations of systemic illegal operations and revenue derived from black markets create severe regulatory, legal, and reputational risks for the company.
-0.90Sportradar shares fell 22.6% in a single trading session on April 22, 2026, following the publication of the reports. — A sharp, high-magnitude price collapse indicates a massive immediate loss of investor confidence and a material repricing of the asset.
-0.70A securities class action lawsuit has been filed alleging Sportradar misled investors regarding its compliance and ethical operations between November 7, 2024, and April 21, 2026. — Class action litigation introduces further financial liabilities and suggests a failure in corporate governance and transparency.
-0.50Ticker attribution
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The company is facing a class action lawsuit and a massive stock price collapse following allegations of partnering with illegal gambling operators.
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