Iris Energy Ltd USDC – Eastern District of New York October 16, 2024 CLASS PERIOD:June 20, 2023 – July 11, 2024LEAD PLAINTIFF DEADLINE: december 6, 2024 Join Investigation Principle Contacts Pamela MayerPMayer@kaplanfox.comLaurence D. KingLKing@kaplanfox.com Kaplan Fox & Kilsheimer LLP Alerts Investors to a Securities Class Action Against Iris Energy Ltd (IREN) – Deadline is December 6, 2024 Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Iris Energy Ltd (“Iris” or the “Company”) (NASDAQ: IREN) securities between June 20, 2023 and July 11, 2024 (the “Class Period”). CLICK HERE TO JOIN THE CASE If you are an investor in Iris and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than December 6, 2024 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. According to the complaint, on July 11, 2024, Culper Research issued a report regarding Iris (the “Culper Report”). The Culper Report states that the Company is a “bitcoin miner that now promotes itself as a high performance computing (“HPC”) data center play.” Further, the Culper Report states that “the Company has dramatically misrepresented the strength and potential of its assets for HPC/AI applications.” On July 11, 2024, the price of Iris stock fell $1.70 per share, over 13%, to close at $11.20 per share. The complaint alleges, among other things, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that Defendants had overstated the Company’s prospects with data centers and high performance computing, in large part as a result of material deficiencies in Iris Energy’s Childress County, Texas site. WHY CONTACT KAPLAN FOX Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey. With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand. Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. If you have any questions about this Notice, your rights, or your interests, please contact: CONTACT:Pamela A. MayerKAPLAN FOX & KILSHEIMER LLP800 Third Avenue, 38th FloorNew York, New York 10022(646) 315-9003pmayer@kaplanfox.com Laurence D. KingKAPLAN FOX & KILSHEIMER LLP1999 Harrison Street, Suite 1560Oakland, California 94612(415) 772-4704lking@kaplanfox.com Connect with Kaplan Fox. Receive a complimentary case review now. Contact Us Dave & Busters Entertainment, Inc. See the Case Celsius Holdings, Inc. See the Case Dentsply Sirona Inc. See the Case Western Asset Macro Opportunities Fund See the Case Franklin Resources, Inc. See the Case Customers Bancorp, Inc. See the Case Rentokil Initial plc See the Case Warner Bros Discovery, Inc. See the Case Applied Therapeutics, Inc. See the Case Zeta Global Holdings Corp. See the Case Macy’s, Inc. See the Case Quanterix Corp See the Case
