LOS ANGELES, April 26, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sportradar Group AG (“Sportradar” or “the Company”) (NASDAQ: SRAD) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Sportradar is the subject of a report published by Muddy Waters Research on April 22, 2026. According to the report, the Company "has actively aided and abetted illegal gambling across the world's black and grey markets — not as an accident or an oversight, but as a business strategy." The report explains that Muddy Waters, "documented nearly 50 clients who we deem to be operating illegally— including seven Russian sportsbooks, four SEA sportsbooks with confirmed links to Cambodian human trafficking operations, one of whom its own sales team acknowledged was too afraid to attend a trade show for fear of arrest — all actively running directly or indirectly on [Sportradar's] data infrastructure." Based on this news, shares of Sportradar fell by 22%.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
