Smart Digital Group Faces Investor Lawsuit Over Alleged Market Manipulation

Reuters02-17 04:11

Smart Digital Group Faces Investor Lawsuit Over Alleged Market Manipulation

A class action lawsuit has been filed against Smart Digital Group Ltd., alleging that the company made false or misleading statements and failed to disclose its involvement in a market manipulation and fraudulent promotion scheme. The lawsuit claims insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that Smart Digital’s risk disclosures omitted the risks of fraudulent trading and market manipulation. Investors who purchased Smart Digital securities between May 5, 2025 and September 26, 2025 may be eligible for compensation, with a lead plaintiff deadline set for March 16, 2026.

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: 202602161511NEWSFILECNPR____20260216_284039_1) on February 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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paulg
02-17 09:47
paulg
Is there any more info on this ? Where does one have to register?

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The lawsuit claims insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that Smart Digital’s risk disclosures omitted the risks of fraudulent trading and market manipulation. Investors who purchased Smart Digital securities between May 5, 2025 and September 26, 2025 may be eligible for compensation, with a lead plaintiff deadline set for March 16, 2026.\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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Where does one have to register?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/533590512891400","repostId":2612487539,"repostType":2,"repost":{"id":"2612487539","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1771272698,"share":"https://ttm.financial/m/news/2612487539?lang=en_US&edition=fundamental","pubTime":"2026-02-17 04:11","market":"fut","language":"en","title":"Smart Digital Group Faces Investor Lawsuit Over Alleged Market Manipulation","url":"https://stock-news.laohu8.com/highlight/detail?id=2612487539","media":"Reuters","summary":"A class action lawsuit has been filed against Smart Digital Group Ltd., alleging that the company made false or misleading statements and failed to disclose its involvement in a market manipulation and fraudulent promotion scheme. The lawsuit claims insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that Smart Digital’s risk disclosures omitted the risks of fraudulent trading and market manipulation. Investors who purchased Smart Digital securities between May 5, 2025 and September 26, 2025 may be eligible for compensation, with a lead plaintiff deadline set for March 16, 2026.","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 Investor Lawsuit 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 class action lawsuit has been filed against <a href=\"https://laohu8.com/S/SDM\">Smart Digital Group Ltd</a>., alleging that the company made false or misleading statements and failed to disclose its involvement in a market manipulation and fraudulent promotion scheme. 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The lawsuit claims insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that Smart Digital’s risk disclosures omitted the risks of fraudulent trading and market manipulation. Investors who purchased Smart Digital securities between May 5, 2025 and September 26, 2025 may be eligible for compensation, with a lead plaintiff deadline set for March 16, 2026.\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: 202602161511NEWSFILECNPR____20260216_284039_1) on February 16, 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":{"SDM":"Smart Digital Group Ltd","BK4009":"广告"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260216:nNDL8nn5Z2:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2612487539","content_text":"Smart Digital Group Faces Investor Lawsuit Over Alleged Market Manipulation\n    \n\n        A class action lawsuit has been filed against Smart Digital Group Ltd., alleging that the company made false or misleading statements and failed to disclose its involvement in a market manipulation and fraudulent promotion scheme. The lawsuit claims insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that Smart Digital’s risk disclosures omitted the risks of fraudulent trading and market manipulation. Investors who purchased Smart Digital securities between May 5, 2025 and September 26, 2025 may be eligible for compensation, with a lead plaintiff deadline set for March 16, 2026.\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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