{"id":8987,"date":"2026-05-20T21:06:00","date_gmt":"2026-05-20T19:06:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=cbb95c781f4307fe393f2c1e92c21680"},"modified":"2026-05-20T21:06:00","modified_gmt":"2026-05-20T19:06:00","slug":"law-offices-of-frank-r-cruz-encourages-sportradar-group-ag-srad-shareholders-to-inquire-about-securities-fraud-class-action","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=8987","title":{"rendered":"Law Offices of Frank R. Cruz Encourages Sportradar Group AG (SRAD) Shareholders To Inquire About Securities Fraud Class Action"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz<\/a> announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Sportradar Group AG (\u201cSportradar\u201d or the \u201cCompany\u201d) (NASDAQ: SRAD<\/a>) Class A ordinary shares between November 7, 2024, and April 21, 2026<\/b>, inclusive (the \u201cClass Period\u201d). Sportradar investors have until July 17, 2026 <\/b>to file a lead plaintiff motion.<\/p><\/a><\/a>

\nIF YOU SUFFERED A LOSS ON YOUR SPORTRADAR GROUP AG (SRAD) INVESTMENTS, CLICK <\/b>HERE<\/b><\/a> TO SUBMIT A CLAIM TO POTENTIALLY RECOVER YOUR LOSSES IN THE ONGOING SECURITIES FRAUD LAWSUIT.<\/b><\/p>

\nYou can also contact the Law Offices of Frank R. Cruz to discuss your legal rights by email at info@frankcruzlaw.com<\/a>, by telephone at (310) 914-5007, or visit our website at www.frankcruzlaw.com<\/a>.<\/p>

\nWhat Happened?<\/b><\/p>

\nOn 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>

\nOn 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>

\nWhat Is The Lawsuit About?<\/b><\/p>

\nThe 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) as 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>

\nContact Us To Participate or Learn More:<\/b><\/p>

\nIf you purchased Sportradar securities, wish to learn more about this action, or have any questions concerning this announcement or your rights or interests with respect to these matters, please click HERE<\/a> or contact us at:<\/p>

\nLaw Offices of Frank R. Cruz\n2121 Avenue of the Stars, Suite 800\nTelephone: 310-914-5007\nEmail: info@frankcruzlaw.com<\/a>Visit our website at: www.frankcruzlaw.com<\/a><\/p>

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nLaw Offices of Frank R. Cruz\n2121 Avenue of the Stars, Suite 800\nTelephone: 310-914-5007\nEmail: info@frankcruzlaw.com<\/a>Visit our website at: www.frankcruzlaw.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Sportradar Group AG (\u201cSportradar\u201d or the \u201cCompany\u201d) (NASDAQ: SRAD) Class A…<\/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-8987","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\/8987","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=8987"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8987\/revisions"}],"predecessor-version":[{"id":8988,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/8987\/revisions\/8988"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}