Business Wire·Jun 3, 2026, 8:00 PM ET

SRAD INVESTOR REMINDER: Sportradar Group AG Investors Have Until July 17, 2026 To Seek Lead Plaintiff Role

SRAD

A securities fraud class action lawsuit has been filed against Sportradar Group AG (NASDAQ: SRAD) by Kirby McInerney LLP on behalf of investors who purchased securities between November 7, 2024, and April 21, 2026.
The lawsuit alleges that Sportradar intentionally collaborated with black-market gambling operators to increase revenues while falsely claiming strict legal compliance & operational integrity.
The complaint further alleges that Sportradar's Know Your Customer & compliance processes were not as robust as the company represented.
On April 22, 2026, short seller Muddy Waters Research published a report accusing Sportradar of aiding & abetting illegal gambling in global black & grey markets.
On the same date, Callisto Research revealed that approximately one-third of platforms Sportradar serves were operating illegally & that exposure to unlicensed operators could represent 30-40% of the company's revenue.
Three U.S. gambling regulators have already commenced reviews into Sportradar based on these allegations.
Following the release of the reports, Sportradar shares declined by $3.80 per share (approximately 23%) from $16.84 on April 21, 2026, to close at $13.04 on April 22, 2026.
Investors must submit applications to the Court by July 17, 2026, to be considered for appointment as lead plaintiff to oversee the litigation.
Investors who suffered losses may contact Lauren Molinaro at Kirby McInerney LLP via email at investigations@kmllp.com or through a contact form to discuss their rights at no cost.