INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Smart Digital Group Limited (SDM) ...

Eagletribune
A class action lawsuit alleges Smart Digital Group Limited (SDM) misled investors through false statements and fraudulent market manipulation.

Summary

A shareholder class action lawsuit has been filed against Smart Digital Group Limited (SDM), alleging the company issued false and misleading statements and failed to disclose critical information. The lawsuit claims SDM was involved in a market manipulation scheme utilizing social media misinformation and impersonators. It further alleges that insiders used offshore accounts to coordinate share dumping during a price inflation campaign and that the company failed to disclose the risk of fraudulent trading and market manipulation. As a result, SDM securities faced a risk of trading suspension by the SEC and NASDAQ. Investors who purchased SDM shares between May 5, 2025, and September 26, 2025, and experienced losses are encouraged to contact Holzer Law for legal consultation.

(Source:Eagletribune)

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