Rosen, BFA Solicit Sportradar Investors After Short-Seller Allegations

Overview

• Plaintiff firms Rosen Law Firm and Bleichmar Fonti & Auld asked Sportradar shareholders to contact them about a potential class action.
• Rosen said it is preparing a lawsuit to seek recovery for investors who report losses tied to Sportradar stock.
• The outreach follows a Muddy Waters report that accused Sportradar of serving illegal betting sites and cited code analysis linking its systems to those operators.
• After that report, Sportradar shares fell about 22.6 percent in a single trading day.
• During the period at issue, the company promoted strict integrity controls and close tracking of illegal markets, a message now under investor scrutiny.