{"id":8410,"date":"2026-05-20T01:06:00","date_gmt":"2026-05-19T23:06:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=b42d11ce902ed2f3644b47dd011fcb7e"},"modified":"2026-05-20T01:06:00","modified_gmt":"2026-05-19T23:06:00","slug":"law-offices-of-howard-g-smith-encourages-sportradar-group-ag-srad-shareholders-to-inquire-about-securities-fraud-class-action","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=8410","title":{"rendered":"Law Offices of Howard G. Smith Encourages Sportradar Group AG (SRAD) Shareholders To Inquire About Securities Fraud Class Action"},"content":{"rendered":"<p>BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased\u00a0Sportradar Group AG (\u201cSportradar\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fsrad&amp;esheet=54538772&amp;newsitemid=20260519791633&amp;lan=en-US&amp;anchor=SRAD&amp;index=329&amp;md5=a1f820515ba9135f08d85d255ae97fe0\" rel=\"nofollow\" shape=\"rect\">SRAD<\/a>) Class A ordinary shares between <b>November 7, 2024, and April 21, 2026<\/b>, inclusive (the \u201cClass Period\u201d).\u00a0Sportradar investors have until <b>July 17, 2026\u00a0<\/b>to file a lead plaintiff motion.<\/p><p class=\"bwalignc\"><b>IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SPORTRADAR GROUP AG (SRAD),\u00a0CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.<\/b><\/p><p>Contact the Law Offices of Howard G. Smith to discuss your legal rights by\u00a0email at\u00a0<a  href=\"mailto:howardsmith@howardsmithlaw.com\" rel=\"nofollow\" shape=\"rect\">howardsmith@howardsmithlaw.com<\/a>, by\u00a0telephone at (215) 638-4847 or visit our website at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.howardsmithlaw.com&amp;esheet=54538772&amp;newsitemid=20260519791633&amp;lan=en-US&amp;anchor=www.howardsmithlaw.com&amp;index=330&amp;md5=b732019bf383b71414f7597f55fb263e\" rel=\"nofollow\" shape=\"rect\">www.howardsmithlaw.com<\/a>.<\/p><p><b>What Happened?<\/b><\/p><p>On April 22, 2026, Muddy Waters Research released a report alleging, among other things, that Sportradar \u201chas actively aided and abetted illegal gambling across the world's black and grey markets \u2014 not as an accident or an oversight, but as a business strategy.\u201d Specifically, the report stated that research had \u201cdocumented nearly 50 clients who we deem to be operating illegally\u2014 including seven Russian sportsbooks, four SEA sportsbooks with confirmed links to Cambodian human trafficking operations, one of whom its own sales team acknowledged was too afraid to attend a trade show for fear of arrest \u2014 all actively running directly or indirectly on [Sportradar\u2019s] data infrastructure.\u201d<\/p><p>On this news, Sportradar\u2019s stock price fell $3.80, or 22.6%, to close at $13.04 per share on April 22, 2026, thereby injuring investors.<\/p><p><b>What Is The Lawsuit About?<\/b><\/p><p>The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to that: (1) Sportradar intentionally worked with black-market gambling operators to increase its revenues, despite its assurances of strict legal and regulatory compliance and claims that ethics and integrity were crucial for Sportradar\u2019s operations; (2) the Company\u2019s KYC and compliance processes were not as robust as Defendants\u2019 had claimed; and (3)\u00a0as a result, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p><p><b>Contact Us To Participate or Learn More:<\/b><\/p><p>If you purchased\u00a0Sportradar\u00a0securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:<\/p><p>Law Offices of Howard G. Smith,<br\/>3070 Bristol Pike, Suite 112,<br\/>Bensalem, Pennsylvania 19020,<br\/>Telephone: (215) 638-4847<br\/>Email:\u00a0<a  href=\"mailto:howardsmith@howardsmithlaw.com\" rel=\"nofollow\" shape=\"rect\">howardsmith@howardsmithlaw.com<\/a>,<br\/>Visit our website at: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.howardsmithlaw.com&amp;esheet=54538772&amp;newsitemid=20260519791633&amp;lan=en-US&amp;anchor=www.howardsmithlaw.com&amp;index=331&amp;md5=ad73cc1a17c2b68ac852810c1121a801\" rel=\"nofollow\" shape=\"rect\">www.howardsmithlaw.com<\/a>.<\/p><p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p><br\/> <b>Contacts<\/b> <br\/><p class=\"bwalignl\">Law Offices of Howard G. Smith<br\/>Howard G. Smith, Esquire<br\/>215-638-4847<br\/><a  href=\"mailto:howardsmith@howardsmithlaw.com\" rel=\"nofollow\" shape=\"rect\">howardsmith@howardsmithlaw.com<\/a><br\/><a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.howardsmithlaw.com&amp;esheet=54538772&amp;newsitemid=20260519791633&amp;lan=en-US&amp;anchor=www.howardsmithlaw.com&amp;index=72&amp;md5=91a5ea9d90d1aaa3bdfd6fe99a5fade8\" rel=\"nofollow\" shape=\"rect\">www.howardsmithlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>BENSALEM, Pa.&#8211;(BUSINESS WIRE)&#8211;Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased\u00a0Sportradar Group AG (\u201cSportradar\u201d or the \u201cCompany\u201d) (NASDAQ:\u00a0SRAD) Class A ordinary shares between &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8410","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8410"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8410\/revisions"}],"predecessor-version":[{"id":8411,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8410\/revisions\/8411"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}