Sportradar Group AG (NASDAQ: SRAD) Investor Alert: Deadline in Lawsuit on July 17, 2026

A deadline is coming up on July 17, 2026 in the lawsuit filed for certain investors of Sportradar Group AG (NASDAQ: SRAD) over alleged securities laws violations by Sportradar Group AG.

Investors who purchased shares of Sportradar Group AG (NASDAQ: SRAD) have certain options and there are strict and short deadlines running. Deadline: July 17, 2026. Sportradar Group AG (NASDAQ: SRAD) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Switzerland based Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in Switzerland, the United States, North America, Africa, Malta, the Asia Pacific, the Middle East, Europe, Latin America, and the Caribbean. Sportradar Group AG (NASDAQ: SRAD) reported that its annual Total Revenue rose from over 1.106 billion EUR in 2024 to over 1.128 billion EUR in 2025, and that its Net Income increase from 34.15 million EUR in 2024 to 100.32 million EUR in 2025.

On November 7, 2024, Sportradar Group AG filed its third quarter 2024 financial results. The Company noted that it may be subject to certain risks and outlined various "risk factors" as examples, but the Company also referred investors to the "other risk factors set forth in the section titled 'Risk Factors' in [the Company's] Annual Report on Form 20-F for the fiscal year ended December 31, 2023" (the "2023 Annual Report").

In the 2023 Annual Report, Sportradar Group AG noted that it was "subject to a variety of U.S. and foreign laws on sports betting" and acknowledged that "[n]on-compliance with any such legislation or regulations could expose [it] to claims, legal or regulatory proceedings, license reviews, litigation and investigations by regulatory authorities, as well as substantial fines and negative publicity, each of which may materially and adversely affect [its] business" despite its purported "good faith efforts to comply with all local requirements."

On April 1, 2025, the Company's Founder and Chief Executive Officer Koerl appeared on CNBC's "MAD MONEY" with host Jim Cramer.

On November 5, 2025, Sportradar Group AG hosted its third quarter 2025 earnings call. During the call, a Citizens Bank analyst stated that he "want[ed] to address some of the noise around the business with your exposure to certain markets, whether they're gray or beyond that" (i.e. black markets). In response, Defendant Koerl assured investors that the Company had a "four-level process" to confirm that it "only work[s] with licensed operators," including by "hav[ing] contracts which are enabling those operators to only work in the territory where they are licensed in." Moreover, Koerl highlighted that Sportradar had "a global compliance team, which is making an intensive KYC with every operator, and [it is] insisting on this, that [Sportradar] control[s] it."

On April 22, 2026, Muddy Waters Research ("Muddy Waters") and Callisto Research ("Callisto")-separately published investigative reports.

Muddy Waters claimed that Sportradar "has actively aided and abetted illegal [activities] across the world's black and grey markets - not as an accident or an oversight, but as a business strategy." To support this conclusion, Muddy Waters detailed discussions between its investigators and Sportradar sales executives at the International Casinos Exhibition (a large, worldwide gaming convention) where its investigators posed as sportsbook operators indicating interest in penetrating illegal markets, including Vietnam, Thailand, Indonesia, and China. According to Muddy Waters, a Sportradar sales executive "bragged that [Sportradar] 'serves everyone' and listed major [business-to-business] clients in Asia, known illegal operators," and then "walk[ed] [the investigators] through key product offerings for each of these illegal markets." The Sportradar sales executive "also offer[ed] to solicit assistance from his clients . . . so [Muddy Waters's investigators] could quickly set up operations." One of the "clients" specifically identified by the Sportradar sales executive was "the infamous Yabo Group," a "notorious" illegal betting operator in China that was also known for "using Cambodian customer service centers engaged in human trafficking, modern slavery, kidnapping and torture of its workforce." In addition to Sportradar's admitted connection to the Yabo Group, Muddy Waters uncovered numerous other connections between Sportradar and illegal operators in Russia, Turkey, and several Asian markets.

Shares of Sportradar Group AG (NASDAQ: SRAD) declined from $32.22 per share on August 25, 2025, to as low as $11.66 per share on April 28, 2026.

According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Sportradar Group AG (NASDAQ: SRAD) common shares between November 7, 2024, and April 21, 2026, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 7, 2024, and April 21, 2026, the Defendants misrepresented and/or failed to disclose that the Company's KYC and compliance processes were not as robust as Defendants' had claimed, and that as a result, Defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.

Those who purchased shares of Sportradar Group AG (NASDAQ: SRAD) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.