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Sportradar Faces Class Action Lawsuit Following Muddy Waters Fraud Allegations

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.

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