Smart Digital Group Faces Class Action Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2026
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Should l Buy ?
Source: Globenewswire
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Smart Digital Group, alleging securities fraud by the company and certain officers, with investors advised to apply as Lead Plaintiff by March 16, 2026.
- Stock Price Collapse: On September 26, 2025, Smart Digital's stock plummeted 86.4% to $1.85 per share after NASDAQ halted trading due to volatility, raising serious concerns about the company's financial stability.
- SEC Investigation: The U.S. Securities and Exchange Commission suspended trading of Smart Digital from September 29 to October 10, 2025, citing potential manipulation and warning investors to carefully consider all available information.
- Legal Firm Reputation: Pomerantz LLP, a leading firm in securities class litigation with over 85 years of experience, has a history of recovering multimillion-dollar damages for victims of securities fraud, underscoring its commitment to protecting investor rights.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
