Snapshot from Jul 19, 2026 at 14:14 UTC. For live data and tracking: View Live
Events / Regulatory / Sportradar class action lawsuit
Regulatory class action

Sportradar class action lawsuit

Analysis based on 7 articles · First reported Jul 08, 2026 · Last updated Jul 16, 2026

Sentiment
-40
Attention
3
Articles
7
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The lawsuit and allegations of ties to black-market gambling have negatively impacted investor confidence, leading to a significant drop in Sportradar's stock price. The outcome could result in financial penalties and reputational damage, affecting the company's market position.

Sports betting Data services
Event Summary

A securities class action lawsuit has been filed against Sportradar, alleging that the company made false and misleading statements regarding its compliance with laws and its business with black-market gambling operators. The lawsuit, Smale v. Sportradar, No. 26-cv-04112 (S.D.N.Y.), was filed by Robbins Geller Rudman & Dowd LLP on behalf of investors who purchased Sportradar Class A ordinary shares between November 7, 2024 and April 21, 2026. The allegations stem from investigative reports published by Muddy Waters Research and Callisto Research on April 22, 2026, which claimed Sportradar intentionally cultivated a network of black-market gambling partners. Following the reports, Sportradar's stock price fell more than 22%. Investors have until July 17, 2026 to seek appointment as lead plaintiff.

Key Actions
91 Robbins Geller Rudman & Dowd LLP announced class action lawsuit Sportradar
88 Bronstein, Gewirtz & Grossman, LLC filed class action lawsuit Sportradar
87 Muddy Waters Research published report Sportradar
87 Callisto Research published report Sportradar
78 Rosen Law Firm announced investigation Sportradar
Entities Involved
priv
Sportradar
Sportradar is the defendant in the class action lawsuit, accused of working with black-market gambling operators. The allegations have caused a 22% drop in its stock price and may lead to financial penalties and reputational harm.
Importance 100.0 Sentiment -60.0
priv
Muddy Waters Research
Muddy Waters Research published an investigative report alleging Sportradar's ties to black-market gambling, which triggered the stock price decline and subsequent lawsuit.
Importance 40.0 Sentiment 0.0
priv
Callisto Research
Callisto Research published a separate investigative report with similar allegations against Sportradar, contributing to the stock price drop and legal action.
Importance 40.0 Sentiment 0.0
priv
Robbins Geller Rudman & Dowd LLP
Robbins Geller is the law firm representing the plaintiffs in the class action lawsuit against Sportradar. The firm is seeking lead plaintiff appointments and potential recovery for investors.
Importance 30.0 Sentiment 10.0
per
Ken Dolitsky
Ken Dolitsky is an attorney at Robbins Geller available for contact regarding the class action lawsuit.
Importance 10.0 Sentiment 0.0
per
Michael Albert
Michael Albert is an attorney at Robbins Geller available for contact regarding the class action lawsuit.
Importance 10.0 Sentiment 0.0
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 ↔ Robbins Geller Rudman & Dowd LLP
Sportradar related ↔ Ken Dolitsky
Sportradar related ↔ Michael Albert
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 ↔ Robbins Geller Rudman & Dowd LLP
Muddy Waters Research related ↔ Ken Dolitsky
Muddy Waters Research related ↔ Michael Albert
Callisto Research related ↔ Robbins Geller Rudman & Dowd LLP
Callisto Research related ↔ Ken Dolitsky
Callisto Research related ↔ Michael Albert
Robbins Geller Rudman & Dowd LLP related ↔ Ken Dolitsky
Robbins Geller Rudman & Dowd LLP related ↔ Michael Albert
Ken Dolitsky colleague ↔ Michael Albert Ken Dolitsky works alongside Michael Albert as an attorney at Robbins Geller Rudman & Dowd LLP. Together, they represent
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