{"success":true,"data":{"pressRelease":{"id":"5701","rtpr_id":"nBw3h5SjMa","ticker":"1M4","exchange":"","all_tickers":["1M4"],"title":"Securities Fraud Investigation Into Sportradar Group AG (SRAD) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz","author":"Business Wire","published_at":"2026-04-22T23:00:00.100Z","article_body":"Securities Fraud Investigation Into Sportradar Group AG (SRAD) Announced –\nShareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz\n\nThe Law Offices of Frank R. Cruz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=The%20Law%20Offices%20of%20Frank%20R.%20Cruz&index=903&md5=b172da39d52b57af3c15e54f7bcd1433)\nannounces an investigation of Sportradar Group AG (“Sportradar” or the\n“Company”) (NASDAQ: SRAD\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fsrad&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=SRAD&index=904&md5=e12e5e78e677e2e780b7aba154c46f2b)\n) on behalf of investors concerning the Company’s possible violations of\nfederal securities laws.\n\nIF YOU ARE AN INVESTOR WHO LOST MONEY ON SPORTRADAR GROUP AG (SRAD),\nCLICK HERE\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Fsportradar-group-ag%2F&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=HERE&index=905&md5=0103e1b908694eb49743eaa574025975)\nTO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.\n\nWhat Is The Investigation About?\n\nOn April 22, 2026, Muddy Waters Research released a report alleging, among\nother things, that Sportradar “has actively aided and abetted illegal\ngambling across the world's black and grey markets — not as an accident or\nan oversight, but as a business strategy.” Specifically, the report stated\nthat research had “documented nearly 50 clients who we deem to be operating\nillegally— including seven Russian sportsbooks, four SEA sportsbooks with\nconfirmed links to Cambodian human trafficking operations, one of whom its own\nsales team acknowledged was too afraid to attend a trade show for fear of\narrest — all actively running directly or indirectly on [Sportradar’s]\ndata infrastructure.”\n\nOn this news, Sportradar’s stock price fell $3.80, or 22.6%, to close at\n$13.04 per share on April 22, 2026, thereby injuring investors.\n\nContact Us To Participate or Learn More:\n\nIf you purchased Sportradar securities, have information or would like to\nlearn more about these claims, or have any questions concerning this\nannouncement or your rights or interests with respect to these matters, please\ncontact us:\n\nThe Law Offices of Frank R. Cruz,\n2121 Avenue of the Stars, Suite 800,\nCentury City, California 90067\nCall us at: 310-914-5007\nEmail us at: info@frankcruzlaw.com (mailto:info@frankcruzlaw.com) \nVisit our website at: www.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.frankcruzlaw.com&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=www.frankcruzlaw.com&index=597&md5=18a7152cb015e1e5ca394a5072c946e0)\n.\nFollow us for updates on Twitter at twitter.com/FRC_LAW\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FFRC_LAW&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=twitter.com%2FFRC_LAW&index=906&md5=b9197d5639b80b5ccc8c05ccac9062d6)\n.\n\nIf you inquire by email, please include your mailing address, telephone\nnumber, and number of shares purchased.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422614000/en/\n(https://www.businesswire.com/news/home/20260422614000/en/)\n\nContact Us:\nThe Law Offices of Frank R. Cruz, Los Angeles\nFrank R. Cruz\n310-914-5007\nfcruz@frankcruzlaw.com (mailto:fcruz@frankcruzlaw.com) \nwww.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=www.frankcruzlaw.com&index=198&md5=16e135b063d5b1ac4ed1ea8f75f4c11a)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw3h5SjMa","title":"Securities Fraud Investigation Into Sportradar Group AG (SRAD) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz","author":"Business Wire","ticker":"1M4","created":"2026-04-22T23:00:00.100Z","tickers":["1M4"],"exchange":"","article_body":"Securities Fraud Investigation Into Sportradar Group AG (SRAD) Announced –\nShareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz\n\nThe Law Offices of Frank R. Cruz\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2F&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=The%20Law%20Offices%20of%20Frank%20R.%20Cruz&index=903&md5=b172da39d52b57af3c15e54f7bcd1433)\nannounces an investigation of Sportradar Group AG (“Sportradar” or the\n“Company”) (NASDAQ: SRAD\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2Fsrad&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=SRAD&index=904&md5=e12e5e78e677e2e780b7aba154c46f2b)\n) on behalf of investors concerning the Company’s possible violations of\nfederal securities laws.\n\nIF YOU ARE AN INVESTOR WHO LOST MONEY ON SPORTRADAR GROUP AG (SRAD),\nCLICK HERE\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com%2Fcases%2Fsportradar-group-ag%2F&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=HERE&index=905&md5=0103e1b908694eb49743eaa574025975)\nTO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.\n\nWhat Is The Investigation About?\n\nOn April 22, 2026, Muddy Waters Research released a report alleging, among\nother things, that Sportradar “has actively aided and abetted illegal\ngambling across the world's black and grey markets — not as an accident or\nan oversight, but as a business strategy.” Specifically, the report stated\nthat research had “documented nearly 50 clients who we deem to be operating\nillegally— including seven Russian sportsbooks, four SEA sportsbooks with\nconfirmed links to Cambodian human trafficking operations, one of whom its own\nsales team acknowledged was too afraid to attend a trade show for fear of\narrest — all actively running directly or indirectly on [Sportradar’s]\ndata infrastructure.”\n\nOn this news, Sportradar’s stock price fell $3.80, or 22.6%, to close at\n$13.04 per share on April 22, 2026, thereby injuring investors.\n\nContact Us To Participate or Learn More:\n\nIf you purchased Sportradar securities, have information or would like to\nlearn more about these claims, or have any questions concerning this\nannouncement or your rights or interests with respect to these matters, please\ncontact us:\n\nThe Law Offices of Frank R. Cruz,\n2121 Avenue of the Stars, Suite 800,\nCentury City, California 90067\nCall us at: 310-914-5007\nEmail us at: info@frankcruzlaw.com (mailto:info@frankcruzlaw.com) \nVisit our website at: www.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.frankcruzlaw.com&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=www.frankcruzlaw.com&index=597&md5=18a7152cb015e1e5ca394a5072c946e0)\n.\nFollow us for updates on Twitter at twitter.com/FRC_LAW\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FFRC_LAW&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=twitter.com%2FFRC_LAW&index=906&md5=b9197d5639b80b5ccc8c05ccac9062d6)\n.\n\nIf you inquire by email, please include your mailing address, telephone\nnumber, and number of shares purchased.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422614000/en/\n(https://www.businesswire.com/news/home/20260422614000/en/)\n\nContact Us:\nThe Law Offices of Frank R. Cruz, Los Angeles\nFrank R. Cruz\n310-914-5007\nfcruz@frankcruzlaw.com (mailto:fcruz@frankcruzlaw.com) \nwww.frankcruzlaw.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.frankcruzlaw.com&esheet=54521038&newsitemid=20260422614000&lan=en-US&anchor=www.frankcruzlaw.com&index=198&md5=16e135b063d5b1ac4ed1ea8f75f4c11a)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-04-22T23:00:00.160436828Z","server_sent_at_ms":1776898800160},"received_at":"2026-04-22T23:00:00.213Z","source_url":"https://www.businesswire.com/news/home/20260422614000/en/"},"analysis":null,"durationMs":null,"modelName":null}}