Snapshot from Aug 03, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Regulatory / Sportradar Securities Class Action Lawsuit
Regulatory Securities Class Action

Sportradar Securities Class Action Lawsuit

Analysis based on 46 articles · First reported Jul 05, 2026 · Last updated Jul 17, 2026

Sentiment
-60
Attention
3
Articles
46
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The allegations have severely damaged investor confidence in Sportradar, leading to a significant stock price decline and potential financial liability. The company faces reputational harm and possible regulatory penalties, which could further impact its market valuation and operations.

Sports Betting Financial Services
Event Summary

Multiple law firms have filed or announced securities class action lawsuits against Sportradar (Nasdaq: SRAD) on behalf of investors who purchased shares between November 7, 2024 and April 21, 2026. The lawsuits allege that Sportradar misrepresented its compliance with legal and regulatory standards, and that it intentionally partnered with black-market gambling operators to inflate revenues. On April 22, 2026, short seller reports from Muddy Waters Research and Callisto Research caused SRAD stock to drop over 22%, wiping out more than $800 million in market capitalization. The lead plaintiff deadline is July 17, 2026.

Key Actions
95 Sportradar declined
91 Robbins Geller Rudman & Dowd LLP announced class action lawsuit Sportradar
90 Callisto Research published report
88 Muddy Waters Research published report Sportradar
87 Callisto Research published report Sportradar
86 Bronstein, Gewirtz & Grossman, LLC filed class action lawsuit Sportradar
82 Muddy Waters Research published report
82 Hagens Berman filed class action lawsuit Sportradar
79 Rosen Law Firm announced investigation Sportradar
76 Faruqi & Faruqi investigated claims Sportradar
76 The Law Offices of Frank R. Cruz encouraged participation in Sportradar
70 Robbins Geller Rudman & Dowd LLP announced lead plaintiff deadline
70 Kahn Swick & Foti filed class action lawsuit Sportradar
Entities Involved
priv
Sportradar
Sportradar is the defendant in the securities class action, accused of concealing its ties to illegal gambling operators. The company's stock price collapsed 22% and its market cap fell by over $800 million.
Importance 100.0 Sentiment -80.0
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Muddy Waters Research
Muddy Waters published an investigative report alleging Sportradar aided illegal gambling, triggering the stock collapse.
Importance 70.0 Sentiment -50.0
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Callisto Research
Callisto Research published a report corroborating allegations of Sportradar's ties to unlicensed operators.
Importance 70.0 Sentiment -50.0
priv
Faruqi & Faruqi
Faruqi & Faruqi is investigating potential claims and reminds investors of the July 17, 2026 lead plaintiff deadline. The firm has recovered hundreds of millions for investors.
Importance 50.0 Sentiment 0.0
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The Law Offices of Frank R. Cruz
The Law Offices of Frank R. Cruz is representing investors in the securities fraud class action and encourages affected shareholders to contact the firm.
Importance 40.0 Sentiment 0.0
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Hagens Berman
HBSS is investigating the claims and representing investors in the class action.
Importance 40.0 Sentiment 0.0
priv
Bronstein, Gewirtz & Grossman, LLC
Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Sportradar.
Importance 30.0 Sentiment 0.0
priv
Kahn Swick & Foti
KSF reminds investors of the lead plaintiff deadline and represents shareholders.
Importance 30.0 Sentiment 0.0
priv
Robbins Geller Rudman & Dowd LLP
Robbins Geller announces the lead plaintiff deadline and represents investors.
Importance 30.0 Sentiment 0.0
per
James Wilson
James Wilson is a partner at Faruqi & Faruqi handling the Sportradar investigation.
Importance 20.0 Sentiment 0.0
per
Frank R. Cruz
Frank R. Cruz is the principal of The Law Offices of Frank R. Cruz, representing investors in the Sportradar class action.
Importance 20.0 Sentiment 0.0
govactor
United States — United States District Court for the Southern District of New York
The case is pending in this court.
Importance 20.0 Sentiment 0.0
govactor
United States — United States Securities and Exchange Commission
The SEC may investigate the allegations; whistleblowers can report to the SEC.
Importance 20.0 Sentiment 0.0
per
Reed Kathrein
Reed Kathrein is the HBSS partner leading the Sportradar investigation.
Importance 20.0 Sentiment 0.0
per
Peretz Bronstein
Peretz Bronstein is the founding partner at Bronstein, Gewirtz & Grossman, LLC.
Importance 15.0 Sentiment 0.0
+ 6 more entities View on Dashboard
Relationships
Sportradar activist target ↔ Muddy Waters Research Sportradar is the target of a short-selling campaign by Muddy Waters Research, which triggered a significant stock drop
Sportradar short target ↔ Callisto Research Sportradar is the target of an activist short-selling campaign by Callisto Research, which published a damaging report a
Sportradar related ↔ Faruqi & Faruqi
Sportradar related ↔ Hagens Berman
Sportradar related ↔ Kahn Swick & Foti
Sportradar related ↔ Robbins Geller Rudman & Dowd LLP
Muddy Waters Research competitor ↔ Callisto Research Muddy Waters Research is a prominent activist short seller that shares the market with newer competitors like Callisto R
Muddy Waters Research related ↔ The Law Offices of Frank R. Cruz
Muddy Waters Research related ↔ Hagens Berman
Muddy Waters Research related ↔ Robbins Geller Rudman & Dowd LLP
Callisto Research related ↔ Hagens Berman
Callisto Research related ↔ Robbins Geller Rudman & Dowd LLP
Faruqi & Faruqi co-plaintiffs ↔ The Law Offices of Frank R. Cruz Faruqi & Faruqi frequently acts as co-counsel or co-plaintiff with The Law Offices of Frank R. Cruz in securities fraud
Faruqi & Faruqi co-plaintiff ↔ Hagens Berman Faruqi & Faruqi frequently acts as co-plaintiff or co-counsel with Hagens Berman in various securities class action laws
Faruqi & Faruqi competitor ↔ Bronstein, Gewirtz & Grossman, LLC Faruqi & Faruqi is a national securities law firm that competes directly with Bronstein, Gewirtz & Grossman, LLC for lea
+ 18 more relationships View on Dashboard
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