The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Iris Energy Limited (IREN)
Iris Energy Limited (IREN)
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming December 6, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Iris Energy Limited (“Iris Energy” or the “Company”) (NASDAQ: IREN) securities between June 20, 2023 and July 11, 2024, inclusive (the “Class Period”).If you are a shareholder who suffered a loss, click here to participate.On July 11, 2024, Culper Research published a report alleging, among other things, that Iris Energy “talks a big game of its [high performance computing (“HPC”)] plans but ultimately seems entirely disinterested in actually doing what it takes to compete in the space,” and that the Company “is a painfully transparent stock promotion that will unravel as investors realize [its] HPC claims are nonsense and [it] remains a cash guzzling machine.” The report further states that the Company’s facilities were built for BTC mining and “are ill-equipped for
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IREN
News
- Is IREN Ltd. (IREN) the Biggest Loser of This Week? [Yahoo! Finance]Yahoo! Finance
- IREN Achieves 31 EH/s Year-End TargetGlobeNewswire
- Iris Energy Limited (NASDAQ: IREN) is now covered by analysts at BTIG Research. They set a "buy" rating and a $33.00 price target on the stock.MarketBeat
- Is IREN Limited (IREN) the Crypto Stock with the Biggest Upside Potential? [Yahoo! Finance]Yahoo! Finance
- Iris Energy Limited (NASDAQ: IREN) had its price target raised by analysts at B. Riley from $15.00 to $16.00. They now have a "buy" rating on the stock.MarketBeat
IREN
Sec Filings
- 12/23/24 - Form 6-K
- 12/6/24 - Form 6-K
- 12/6/24 - Form 6-K
- IREN's page on the SEC website