Sportradar Group is facing a securities class action lawsuit following reports from Muddy Waters and Callisto Research that accused the company of misleading investors about its business model legality and involvement with black-market gambling operators. These allegations triggered a 22% collapse in share price in April 2026, wiping out $800 million in market capitalization. The lawsuit targets investors who acquired shares between November 2024 and April 2026, with a deadline of July 17, 2026, to seek lead plaintiff status.
Sportradar Group AG is accused of material misstatements regarding black-market gambling ties, with a lead plaintiff deadline set for July 17, 2026.
Read the full storyThe sports data firm faces mounting legal pressure after short-seller reports questioned its business model, triggering an $800 million market cap loss.
Sportradar Group faces a securities class action after research reports triggered a 22% stock collapse and an $800 million loss in market capitalization.