Smart Digital Group Faces Securities Class Action Over Alleged Market Manipulation

Reuters02-18 10:36

Smart Digital Group Faces Securities Class Action Over Alleged Market Manipulation

A federal securities class action has been filed against Smart Digital Group Ltd., alleging the company and its executives made false or misleading statements and failed to disclose involvement in a market manipulation and fraudulent promotion scheme. The complaint claims insiders used offshore or nominee accounts to coordinate share dumping during a price inflation campaign, and that key risks of fraudulent trading were omitted from public disclosures. Investors who purchased Smart Digital securities between May 5, 2025, and September 26, 2025, face a March 16, 2026 deadline to seek lead plaintiff status in the litigation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Digital Group Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202602172136NEWSFILECNPR____20260217_284213_1) on February 18, 2026, and is solely responsible for the information contained therein.

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YasserNZ
01:22
YasserNZ
What shall we do to apply to that claim?

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1

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The complaint claims insiders used offshore or nominee accounts to coordinate share dumping during a price inflation campaign, and that key risks of fraudulent trading were omitted from public disclosures. Investors who purchased Smart Digital securities between May 5, 2025, and September 26, 2025, face a March 16, 2026 deadline to seek lead plaintiff status in the litigation.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Digital Group Ltd. published the original content used to generate this news brief via Newsfile (Ref. 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The complaint claims insiders used offshore or nominee accounts to coordinate share dumping during a price inflation campaign, and that key risks of fraudulent trading were omitted from public disclosures. Investors who purchased Smart Digital securities between May 5, 2025, and September 26, 2025, face a March 16, 2026 deadline to seek lead plaintiff status in the litigation.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Digital Group Ltd. published the original content used to generate this news brief via Newsfile (Ref. 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The complaint claims insiders used offshore or nominee accounts to coordinate share dumping during a price inflation campaign, and that key risks of fraudulent trading were omitted from public disclosures. Investors who purchased Smart Digital securities between May 5, 2025, and September 26, 2025, face a March 16, 2026 deadline to seek lead plaintiff status in the litigation.","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Smart Digital Group Faces Securities Class Action Over Alleged Market Manipulation\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        A federal securities class action has been filed against <a href=\"https://laohu8.com/S/SDM\">Smart Digital Group Ltd</a>., alleging the company and its executives made false or misleading statements and failed to disclose involvement in a market manipulation and fraudulent promotion scheme. The complaint claims insiders used offshore or nominee accounts to coordinate share dumping during a price inflation campaign, and that key risks of fraudulent trading were omitted from public disclosures. Investors who purchased Smart Digital securities between May 5, 2025, and September 26, 2025, face a March 16, 2026 deadline to seek lead plaintiff status in the litigation.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Digital Group Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202602172136NEWSFILECNPR____20260217_284213_1) on February 18, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Smart Digital Group Faces Securities Class Action Over Alleged Market Manipulation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSmart Digital Group Faces Securities Class Action Over Alleged Market Manipulation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-18 10:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Smart Digital Group Faces Securities Class Action Over Alleged Market Manipulation\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        A federal securities class action has been filed against <a href=\"https://laohu8.com/S/SDM\">Smart Digital Group Ltd</a>., alleging the company and its executives made false or misleading statements and failed to disclose involvement in a market manipulation and fraudulent promotion scheme. The complaint claims insiders used offshore or nominee accounts to coordinate share dumping during a price inflation campaign, and that key risks of fraudulent trading were omitted from public disclosures. Investors who purchased Smart Digital securities between May 5, 2025, and September 26, 2025, face a March 16, 2026 deadline to seek lead plaintiff status in the litigation.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Digital Group Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202602172136NEWSFILECNPR____20260217_284213_1) on February 18, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4009":"广告","SDM":"Smart Digital Group Ltd"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260218:nNDL2st1Y1:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2612349783","content_text":"Smart Digital Group Faces Securities Class Action Over Alleged Market Manipulation\n    \n\n        A federal securities class action has been filed against Smart Digital Group Ltd., alleging the company and its executives made false or misleading statements and failed to disclose involvement in a market manipulation and fraudulent promotion scheme. The complaint claims insiders used offshore or nominee accounts to coordinate share dumping during a price inflation campaign, and that key risks of fraudulent trading were omitted from public disclosures. Investors who purchased Smart Digital securities between May 5, 2025, and September 26, 2025, face a March 16, 2026 deadline to seek lead plaintiff status in the litigation.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Digital Group Ltd. published the original content used to generate this news brief via Newsfile (Ref. 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