{"success":true,"data":{"pressRelease":{"id":"42290","rtpr_id":"nPn59qCk4a","ticker":"SRAD","exchange":"NASDAQ","all_tickers":["SRAD","1M4"],"title":"SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of July 17, 2026 in Sportradar Group AG Lawsuit - SRAD","author":"PR Newswire","published_at":"2026-05-21T13:00:03.790Z","article_body":"SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of July 17, 2026 in Sportradar Group AG Lawsuit - SRAD\n\nPR Newswire\n\nNEW YORK, May 21, 2026\n\nKey Dates and Disclosure Events: From Sportradar's \"FBI of Gambling\" Claims to\nthe $3.80 Per Share Collapse on April 22, 2026\n\nNEW YORK, May 21, 2026 /PRNewswire/ -- SueWallSt encourages investors who\nsuffered losses in Sportradar Group AG (NASDAQ: SRAD) to contact the firm.\nThose who purchased SRAD securities between November 7, 2024, and April 21,\n2026, may be entitled to recover damages. Find out if you are eligible to\nrecover losses\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4693501-17&h=3301205486&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fsportradar-group-ag-class-action-lawsuit-srad%3Fprid%3D186802%26wire%3D4&a=Find+out+if+you+are+eligible+to+recover+losses)\n. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\n(https://mma.prnewswire.com/media/2937620/suewallst_logo_1_Logo.html)\n\nShares fell $3.80 per share, or 22.6%, closing at $13.04 on April 22, 2026,\nafter two independent research firms exposed Sportradar's alleged ties to\nillegal gambling operators worldwide. The window to apply for lead plaintiff\ncloses on July 17, 2026.\n\nNovember 7, 2024 — Class Period Opens With Repeated Risk Factor Language\n\nSportradar filed its third quarter 2024 results, referencing risk factors from\nits 2023 Annual Report. The filing acknowledged the Company was \"subject to a\nvariety of U.S. and foreign laws on sports betting\" and confirmed it had\n\"obtained all licenses, authorizations, findings of suitability,\nregistrations, permits and approvals necessary\" for current operations. The\nlawsuit contends these disclosures concealed the Company's actual reliance on\nillegal operators for a material share of revenue.\n\nApril 1, 2025 — CEO Compares Sportradar to \"The SEC or the FBI\"\n\nDuring a nationally televised CNBC appearance, management described\nSportradar's role in the gambling industry as equivalent to federal law\nenforcement, specifically likening the Company to \"the SEC or the FBI.\" The\naction claims this comparison was misleading given that over 270 platforms\nallegedly using Sportradar's products were operating illegally.\n\nNovember 5, 2025 — Earnings Call Addresses \"Noise\" About Market Exposure\n\nWhen a Citizens Bank analyst asked directly about grey and black market\nexposure, the complaint recounts that management described a \"four-level\nprocess\" ensuring the Company worked \"only with licensed operators\" and touted\na \"global compliance team\" conducting \"intensive KYC with every operator.\" The\nlawsuit alleges these assurances were false.\n\nMarch 27, 2026 — 2025 Annual Report Repeats Compliance Claims\n\nSportradar's 2025 Annual Report, signed by both individual defendants,\nreiterated that the Company had obtained all necessary licenses and was making\n\"good faith efforts to comply with all local requirements.\" As set forth in\nthe complaint, these certifications were made while a material portion of\nSportradar's client base consisted of illegal operators.\n\nApril 22, 2026 — Corrective Reports Trigger 22.6% Stock Collapse\n\nMuddy Waters Research and Callisto Research published findings that Sportradar\nhad \"actively aided and abetted illegal gambling across the world's black and\ngrey markets\" as a deliberate business strategy, not an oversight. Callisto\nidentified over 270 platforms operating illegally while using Sportradar's\nproducts. Three regulators in North America and Europe reportedly commenced\nreviews.\n\nChronology of Material Events for Shareholders:\n\n * November 7, 2024: Class Period begins; quarterly filing references boilerplate\nrisk factors while allegedly concealing illegal operator relationships\n * March 20, 2025: 2024 Annual Report reaffirms all licenses obtained; both\ndefendants sign and certify accuracy\n * April 1, 2025: CEO publicly compares Sportradar to \"the SEC or the FBI\" on\nnational television\n * November 5, 2025: Earnings call includes detailed assurances of a \"four-level\"\ncompliance process to screen out unlicensed operators\n * March 27, 2026: 2025 Annual Report repeats compliance claims; both defendants\ncertify\n * April 22, 2026: Two independent research firms expose alleged systematic ties\nto illegal gambling; stock drops 22.6%\n\"Timely disclosure of material developments is fundamental to fair and\nefficient markets. The chronology in this case raises questions about repeated\ncompliance assurances made while the Company's alleged illegal operator\nrelationships persisted.\" -- Joseph E. Levi, Esq.\n\nSubmit your claim before the deadline\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4693501-17&h=3732421391&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fsportradar-group-ag-class-action-lawsuit-srad%3Fprid%3D186802%26wire%3D4&a=Submit+your+claim+before+the+deadline)\n or call (888) SueWallSt.\n\nABOUT SUEWALLST -- For over two decades, SueWallSt has represented\nshareholders in securities class actions. Ranked in ISS Securities Class\nAction Services' Top 50 Report for seven consecutive years. Those wishing to\nserve as lead plaintiff must act by July 17, 2026.\n\nFrequently Asked Questions About the SRAD Lawsuit\n\nQ: When did Sportradar allegedly mislead investors? A: The class period runs\nfrom November 7, 2024, to April 21, 2026. Throughout this period, Sportradar\nallegedly made repeated false compliance assurances in SEC filings, earnings\ncalls, and public media appearances. The alleged fraud was revealed on April\n22, 2026, through two independent investigative reports.\n\nQ: How much did SRAD stock drop? A: Shares fell approximately 22.6%, a\ndecline of $3.80 per share, after Muddy Waters Research and Callisto Research\npublished reports detailing Sportradar's alleged ties to illegal gambling\noperators worldwide. Investors who purchased shares during the class period at\nartificially inflated prices may be entitled to compensation.\n\nQ: What do SRAD investors need to do right now? A: Gather brokerage records\nincluding purchase dates, share quantities, and prices paid. Contact SueWallSt\nfor a free, no-obligation evaluation at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt. No immediate action is\nrequired to remain eligible as a class member.\n\nQ: What if I already sold my SRAD shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthem. Investors who bought during the class period and sold at a loss may\nstill participate.\n\nQ: What does it cost me to participate? A: Nothing. Securities class actions\nare handled on a pure contingency basis. No upfront fees, no retainer, no\nout-of-pocket costs.\n\nQ: What is the SRAD lead plaintiff deadline? A: The deadline to apply for\nlead plaintiff appointment is July 17, 2026. This deadline applies only to\ninvestors seeking to serve as lead plaintiff. Class members who do not apply\nmay still participate in any recovery without taking action before this date.\n\nQ: What court was the SRAD class action filed in? A: The case was filed in\nthe United States District Court for the Southern District of New York,\ngoverned by the Private Securities Litigation Reform Act of 1995.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@SueWallSt.com (mailto:jlevi@SueWallSt.com)\n\nTel: (888) SueWallSt\n\nFax: (212) 363-7171\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-17-2026-in-sportradar-group-ag-lawsuit---srad-302778437.html\n(https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-17-2026-in-sportradar-group-ag-lawsuit---srad-302778437.html)\n\nSOURCE SueWallSt.com\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2937620/suewallst_logo_1_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn59qCk4a","title":"SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of July 17, 2026 in Sportradar Group AG Lawsuit - SRAD","author":"PR Newswire","ticker":"SRAD","created":"2026-05-21T13:00:03.790Z","tickers":["SRAD","1M4"],"exchange":"NASDAQ","article_body":"SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of July 17, 2026 in Sportradar Group AG Lawsuit - SRAD\n\nPR Newswire\n\nNEW YORK, May 21, 2026\n\nKey Dates and Disclosure Events: From Sportradar's \"FBI of Gambling\" Claims to\nthe $3.80 Per Share Collapse on April 22, 2026\n\nNEW YORK, May 21, 2026 /PRNewswire/ -- SueWallSt encourages investors who\nsuffered losses in Sportradar Group AG (NASDAQ: SRAD) to contact the firm.\nThose who purchased SRAD securities between November 7, 2024, and April 21,\n2026, may be entitled to recover damages. Find out if you are eligible to\nrecover losses\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4693501-17&h=3301205486&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fsportradar-group-ag-class-action-lawsuit-srad%3Fprid%3D186802%26wire%3D4&a=Find+out+if+you+are+eligible+to+recover+losses)\n. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt.\n\n(https://mma.prnewswire.com/media/2937620/suewallst_logo_1_Logo.html)\n\nShares fell $3.80 per share, or 22.6%, closing at $13.04 on April 22, 2026,\nafter two independent research firms exposed Sportradar's alleged ties to\nillegal gambling operators worldwide. The window to apply for lead plaintiff\ncloses on July 17, 2026.\n\nNovember 7, 2024 — Class Period Opens With Repeated Risk Factor Language\n\nSportradar filed its third quarter 2024 results, referencing risk factors from\nits 2023 Annual Report. The filing acknowledged the Company was \"subject to a\nvariety of U.S. and foreign laws on sports betting\" and confirmed it had\n\"obtained all licenses, authorizations, findings of suitability,\nregistrations, permits and approvals necessary\" for current operations. The\nlawsuit contends these disclosures concealed the Company's actual reliance on\nillegal operators for a material share of revenue.\n\nApril 1, 2025 — CEO Compares Sportradar to \"The SEC or the FBI\"\n\nDuring a nationally televised CNBC appearance, management described\nSportradar's role in the gambling industry as equivalent to federal law\nenforcement, specifically likening the Company to \"the SEC or the FBI.\" The\naction claims this comparison was misleading given that over 270 platforms\nallegedly using Sportradar's products were operating illegally.\n\nNovember 5, 2025 — Earnings Call Addresses \"Noise\" About Market Exposure\n\nWhen a Citizens Bank analyst asked directly about grey and black market\nexposure, the complaint recounts that management described a \"four-level\nprocess\" ensuring the Company worked \"only with licensed operators\" and touted\na \"global compliance team\" conducting \"intensive KYC with every operator.\" The\nlawsuit alleges these assurances were false.\n\nMarch 27, 2026 — 2025 Annual Report Repeats Compliance Claims\n\nSportradar's 2025 Annual Report, signed by both individual defendants,\nreiterated that the Company had obtained all necessary licenses and was making\n\"good faith efforts to comply with all local requirements.\" As set forth in\nthe complaint, these certifications were made while a material portion of\nSportradar's client base consisted of illegal operators.\n\nApril 22, 2026 — Corrective Reports Trigger 22.6% Stock Collapse\n\nMuddy Waters Research and Callisto Research published findings that Sportradar\nhad \"actively aided and abetted illegal gambling across the world's black and\ngrey markets\" as a deliberate business strategy, not an oversight. Callisto\nidentified over 270 platforms operating illegally while using Sportradar's\nproducts. Three regulators in North America and Europe reportedly commenced\nreviews.\n\nChronology of Material Events for Shareholders:\n\n * November 7, 2024: Class Period begins; quarterly filing references boilerplate\nrisk factors while allegedly concealing illegal operator relationships\n * March 20, 2025: 2024 Annual Report reaffirms all licenses obtained; both\ndefendants sign and certify accuracy\n * April 1, 2025: CEO publicly compares Sportradar to \"the SEC or the FBI\" on\nnational television\n * November 5, 2025: Earnings call includes detailed assurances of a \"four-level\"\ncompliance process to screen out unlicensed operators\n * March 27, 2026: 2025 Annual Report repeats compliance claims; both defendants\ncertify\n * April 22, 2026: Two independent research firms expose alleged systematic ties\nto illegal gambling; stock drops 22.6%\n\"Timely disclosure of material developments is fundamental to fair and\nefficient markets. The chronology in this case raises questions about repeated\ncompliance assurances made while the Company's alleged illegal operator\nrelationships persisted.\" -- Joseph E. Levi, Esq.\n\nSubmit your claim before the deadline\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4693501-17&h=3732421391&u=https%3A%2F%2Fsuewallst.com%2Flawsuits%2Fsportradar-group-ag-class-action-lawsuit-srad%3Fprid%3D186802%26wire%3D4&a=Submit+your+claim+before+the+deadline)\n or call (888) SueWallSt.\n\nABOUT SUEWALLST -- For over two decades, SueWallSt has represented\nshareholders in securities class actions. Ranked in ISS Securities Class\nAction Services' Top 50 Report for seven consecutive years. Those wishing to\nserve as lead plaintiff must act by July 17, 2026.\n\nFrequently Asked Questions About the SRAD Lawsuit\n\nQ: When did Sportradar allegedly mislead investors? A: The class period runs\nfrom November 7, 2024, to April 21, 2026. Throughout this period, Sportradar\nallegedly made repeated false compliance assurances in SEC filings, earnings\ncalls, and public media appearances. The alleged fraud was revealed on April\n22, 2026, through two independent investigative reports.\n\nQ: How much did SRAD stock drop? A: Shares fell approximately 22.6%, a\ndecline of $3.80 per share, after Muddy Waters Research and Callisto Research\npublished reports detailing Sportradar's alleged ties to illegal gambling\noperators worldwide. Investors who purchased shares during the class period at\nartificially inflated prices may be entitled to compensation.\n\nQ: What do SRAD investors need to do right now? A: Gather brokerage records\nincluding purchase dates, share quantities, and prices paid. Contact SueWallSt\nfor a free, no-obligation evaluation at jlevi@SueWallSt.com\n(mailto:jlevi@SueWallSt.com)  or (888) SueWallSt. No immediate action is\nrequired to remain eligible as a class member.\n\nQ: What if I already sold my SRAD shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthem. Investors who bought during the class period and sold at a loss may\nstill participate.\n\nQ: What does it cost me to participate? A: Nothing. Securities class actions\nare handled on a pure contingency basis. No upfront fees, no retainer, no\nout-of-pocket costs.\n\nQ: What is the SRAD lead plaintiff deadline? A: The deadline to apply for\nlead plaintiff appointment is July 17, 2026. This deadline applies only to\ninvestors seeking to serve as lead plaintiff. Class members who do not apply\nmay still participate in any recovery without taking action before this date.\n\nQ: What court was the SRAD class action filed in? A: The case was filed in\nthe United States District Court for the Southern District of New York,\ngoverned by the Private Securities Litigation Reform Act of 1995.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@SueWallSt.com (mailto:jlevi@SueWallSt.com)\n\nTel: (888) SueWallSt\n\nFax: (212) 363-7171\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-17-2026-in-sportradar-group-ag-lawsuit---srad-302778437.html\n(https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-17-2026-in-sportradar-group-ag-lawsuit---srad-302778437.html)\n\nSOURCE SueWallSt.com\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2937620/suewallst_logo_1_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-05-21T13:00:03.808713266Z","server_sent_at_ms":1779368403808},"received_at":"2026-05-21T13:00:04.134Z","source_url":"https://www.prnewswire.com/news-releases/suewallst-reminds-shareholders-of-a-lead-plaintiff-deadline-of-july-17-2026-in-sportradar-group-ag-lawsuit---srad-302778437.html"},"analysis":{"id":"31728","press_release_id":"42290","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"legal_litigation","narrative":"SueWallSt issued a shareholder solicitation reminding investors of the July 17, 2026 lead plaintiff deadline in the class action lawsuit against Sportradar Group AG.\n\nThe release reiterates allegations that Sportradar concealed ties to illegal gambling operators, citing a 22.6% stock drop following reports by Muddy Waters and Callisto Research.\n\nThis is a routine law-firm marketing notice soliciting investors to contact the firm; it contains no new disclosures from Sportradar itself.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{"customDimensions":{"closing_price":"$13.04","stock_drop_pct":"22.6%","stock_drop_usd":"$3.80","illegal_platforms_count":"270"}},"quotedText":"Timely disclosure of material developments is fundamental to fair and efficient markets. The chronology in this case raises questions about repeated compliance assurances made while the Company's alleged illegal operator relationships persisted.","namedEntities":{"people":[{"name":"Joseph E. Levi","role":"Attorney at SueWallSt / Levi & Korsinsky"}],"products":[],"companies":[{"name":"Sportradar Group AG","ticker":"SRAD","relationship":"defendant"},{"name":"SueWallSt","relationship":"plaintiff law firm"},{"name":"Levi & Korsinsky, LLP","relationship":"plaintiff law firm"},{"name":"Muddy Waters Research","relationship":"short seller / investigator"},{"name":"Callisto Research","relationship":"short seller / investigator"},{"name":"Citizens Bank","relationship":"analyst firm"}],"dollarAmounts":[{"amount":"$3.80","context":"per-share stock decline on April 22, 2026"},{"amount":"$13.04","context":"closing stock price on April 22, 2026"}]},"materialImpact":{"score":1,"reasoning":"This is a plaintiff law-firm solicitation issued by SueWallSt (Levi & Korsinsky). It contains standard lead-plaintiff deadline language and contact CTAs. No new disclosure from the issuer, no certified class, and no settlement announced."},"tickerRelevance":{"others":[],"primary":"SRAD"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"context":"Routine lead-plaintiff deadline reminder from SueWallSt/Levi & Korsinsky","tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"SueWallSt issued a shareholder solicitation reminding investors of the July 17, 2026 lead plaintiff deadline in the class action lawsuit against Sportradar Group AG.\n\nThe release reiterates allegations that Sportradar concealed ties to illegal gambling operators, citing a 22.6% stock drop following reports by Muddy Waters and Callisto Research.\n\nThis is a routine law-firm marketing notice soliciting investors to contact the firm; it contains no new disclosures from Sportradar itself.","key_figures":{"customDimensions":{"closing_price":"$13.04","stock_drop_pct":"22.6%","stock_drop_usd":"$3.80","illegal_platforms_count":"270"}},"named_entities":{"people":[{"name":"Joseph E. Levi","role":"Attorney at SueWallSt / Levi & Korsinsky"}],"products":[],"companies":[{"name":"Sportradar Group AG","ticker":"SRAD","relationship":"defendant"},{"name":"SueWallSt","relationship":"plaintiff law firm"},{"name":"Levi & Korsinsky, LLP","relationship":"plaintiff law firm"},{"name":"Muddy Waters Research","relationship":"short seller / investigator"},{"name":"Callisto Research","relationship":"short seller / investigator"},{"name":"Citizens Bank","relationship":"analyst firm"}],"dollarAmounts":[{"amount":"$3.80","context":"per-share stock decline on April 22, 2026"},{"amount":"$13.04","context":"closing stock price on April 22, 2026"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-21T13:05:55.436Z","global_importance":15,"audience_relevance":10,"importance_components":{"context":"Routine lead-plaintiff deadline reminder from SueWallSt/Levi & Korsinsky","tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":17646,"modelName":"george-droid-qwen-72b"}}