ATLANTA, GA – – (ACCESSWIRE – December 8, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Iris Energy Limited (“Iris Energy” or the “Company”) (NASDAQ: IREN). The lawsuit alleges Iris Energy’s IPO Offering Documents contained, and Defendants throughout the Class Period made, materially false and misleading statements, and/or failed to disclose, material adverse facts about Iris Energy’s business, operations, and financial condition, including: (1) certain of Iris Energy’s Bitcoin miners were unlikely to produce sufficient cash flow to service their respective debt financing obligations; (2) accordingly, Iris Energy’s use of equipment financing agreements to procure Bitcoin miners was not as sustainable as defendants had represented; (3) the foregoing was likely to have a material negative impact.
If you bought shares of Iris Energy between November 17, 2021 and November 1, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at email@example.com or Joshua Karr, Esq. at firstname.lastname@example.org, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at https://holzerlaw.com/case/iris-energy/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is February 6, 2023.
Lead Plaintiff Deadline Has Passed
February 6, 2023