Pomerantz LLP filed a securities class action Wednesday in New Jersey District Court docket towards Bitcoin mining knowledge middle supplier Iris Power Ltd. and its prime executives. The go well with, which facilities on the corporate’s Nov. 2021 preliminary public providing, accuses the defendants of negligently making ready registration statements and making false and deceptive statements relating to the corporate’s enterprise, operations and prospects. Counsel haven’t but appeared for the defendants. The case is 1:22-cv-07137, Malouf v. Iris Power Restricted et al.
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