{"id":956649,"date":"2026-04-30T09:05:10","date_gmt":"2026-04-30T13:05:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/"},"modified":"2026-04-30T09:05:10","modified_gmt":"2026-04-30T13:05:10","slug":"srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/","title":{"rendered":"SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation &#8211; Investors With Losses May Seek to Lead the Potential Class Action After Allegedly Misleading Earnings Guidance Statements: Levi &amp; Korsinsky"},"content":{"rendered":"<h2>\nSportradar (SRAD) shares lost 22.57% in a single session &#8212; down to its lowest point in more than a year &#8212; after short-seller reports contradicted management&#8217;s repeated characterizations of its partner model and market position<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>NEW YORK, April  30, 2026  (GLOBE NEWSWIRE) &#8212; Investors holding Sportradar Group AG (NASDAQ: SRAD) watched shares more than 22% on April 22, 2026, after coordinated reports from Muddy Waters Capital and Callisto Research alleged the company facilitated illegal gambling through its data-distribution services. Shareholders who lost money on SRAD are encouraged to\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5sXrYAgc8o33P_g_T6U-_6Q0ajYk3JiqOLgcbpsrwl6_YK19EUi9SRkjKnsTHYags-lM_qLKGO6A-28A4Zme65qMEkJyxQK-w0t8lwSLfzMHYiNT76i5NWP0ZuvnG_vE4mIeMBmAae966QHZ2ieb9LR_JCzVahYKttUme6Z46Qk39hj5dtPMCsJCNYwJNOdC\" rel=\"nofollow\" target=\"_blank\">submit their information now<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ho70gU-uBdXopWLGQtNkvlsYqcyUS44WgdCLmZkPuUqXe5Rc6QLyASv903wqUH54ao8J1z9fEe899QM4wxeNb4pdsKGfbwm0PL6GuKduOnA=\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n<p>In the quarters preceding the stock drop, Sportradar&#8217;s management had projected confidence in its market trajectory. On its Q4 2025 earnings call, CFO Craig Felenstein reiterated full-year revenue growth guidance of 23 to 25%. CEO Carsten Koerl stated during its Q2 2025 call that the company was &#8220;uniquely positioned to capitalize on the rapid expansion of the global sports betting market.&#8221; On its Q1 2025 call, Koerl told investors the company was keeping \u201ca close eye on APAC, including Japan and India, where we see a significant opportunity if and when they legalize.\u201d<\/p>\n<p>On April 22, 2026, two independent research firms published reports alleging Sportradar&#8217;s partner-relationship model facilitated illegal gambling &#8212; an allegation absent from the company&#8217;s risk disclosures. The stock fell nearly 23% intraday. A Truist Financial downgrade followed, cutting the price target. No other material corporate news was released that day.<\/p>\n<p>If you purchased Sportradar shares and suffered a loss, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9mqrtMug4Tb5eyUk3Eqo0rNHwxnJd-zied22c_BYfz_Z1BdhS7mOFSuH8iTEG2C90PoWlBRtlXXoqvs_-S5sr_rtaptXzdibKP8iNgnObr9ESm2RqyymkK5oY1HRvQnne0QNa7XEvWM7-QeUSNYWJC_yTCEIph2Sxa6PGijwnhHRCwCqrrENoLQauqDNe17pBuUdabq6qmEGrlpfBMEHKA==\" rel=\"nofollow\" target=\"_blank\">click here to discuss your legal rights<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ho70gU-uBdXopWLGQtNkvlsYqcyUS44WgdCLmZkPuUpPCHHon_xs6WdGezSamvB2Rjd6lzcGi17Ij2uIlCooHeGIbTMAUePgCIi-Nte1-SM=\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a> or by telephone at (212) 363-7500.<\/p>\n<p>ABOUT THE FIRM &#8212; For over two decades, Levi &amp; Korsinsky has represented shareholders in securities investigations and recoveries. Ranked in ISS Top 50 for seven consecutive years.<\/p>\n<p>Frequently Asked Questions About the SRAD Investigation<\/p>\n<p>\n        <strong>Q: Who is eligible to participate in the SRAD investigation?<\/strong> A: Investors who purchased SRAD stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses &#8212; not on whether you still hold the shares.<\/p>\n<p>\n        <strong>Q: Which statements are being investigated as potentially misleading?<\/strong> A: The investigation concerns whether Sportradar Group AG made materially false or misleading statements regarding its partner-relationship model, market position, and forward-looking revenue guidance. When reports contradicting those statements surfaced, the stock price declined sharply.<\/p>\n<p>\n        <strong>Q: How much did SRAD stock drop?<\/strong> A: Shares fell approximately 22% on April 22, 2026, after two independent short-seller firms published reports alleging the company facilitated illegal gambling through its data-distribution services. Investors who purchased shares at higher prices may be entitled to recovery.<\/p>\n<p>\n        <strong>Q: What do SRAD investors need to do right now?<\/strong> A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi &amp; Korsinsky for a free, no-obligation evaluation at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ho70gU-uBdXopWLGQtNkvlsYqcyUS44WgdCLmZkPuUrq-kIVjUYGEwbhHHaH1uPoGGekbuUow-9QK6q8VSC3o3yCj91RXPLaDAjKcmLJnICcWg1J46WG1vZin2HI71N2\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a> or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.<\/p>\n<p>\n        <strong>Q: What does it cost me to participate?<\/strong> A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.<\/p>\n<p>\n        <strong>Q: What if I already sold my SRAD shares &#8212; can I still recover losses?<\/strong> A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought SRAD and sold at a loss may still participate in the investigation.<\/p>\n<p>\n        <strong>Q: Do I need to go to court or give testimony?<\/strong> A: No. Participating in the investigation does not require court appearances or depositions. The overwhelming majority of affected investors never appear in court.<\/p>\n<p>CONTACT:<\/p>\n<p>Levi &amp; Korsinsky, LLP<br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>33 Whitehall Street, 27th Floor<br \/>New York, NY 10004<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ho70gU-uBdXopWLGQtNkvlsYqcyUS44WgdCLmZkPuUr3YU3pKh4WxqNDjwBptJOEv8H2j_-P5Mb4Fvuugg0ceeNfM9bTidX0rS127fQl68pLJWSZvKSp3TsiJ81mjLjt\" rel=\"nofollow\" target=\"_blank\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcxMDExMyM3NTc0MjcyIzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDYxMWQxNmItNDc4ZS00MjBkLThmYTgtZGM4NWQyYTRjM2M2LTEwMzIyOTMtMjAyNi0wNC0zMC1lbg==\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sportradar (SRAD) shares lost 22.57% in a single session &#8212; down to its lowest point in more than a year &#8212; after short-seller reports contradicted management&#8217;s repeated characterizations of its partner model and market position NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) &#8212; Investors holding Sportradar Group AG (NASDAQ: SRAD) watched shares more than 22% on April 22, 2026, after coordinated reports from Muddy Waters Capital and Callisto Research alleged the company facilitated illegal gambling through its data-distribution services. Shareholders who lost money on SRAD are encouraged to\u00a0submit their information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. In the quarters preceding the stock drop, Sportradar&#8217;s management had projected &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation &#8211; Investors With Losses May Seek to Lead the Potential Class Action After Allegedly Misleading Earnings Guidance Statements: Levi &amp; Korsinsky&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-956649","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation - Investors With Losses May Seek to Lead the Potential Class Action After Allegedly Misleading Earnings Guidance Statements: Levi &amp; Korsinsky - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation - Investors With Losses May Seek to Lead the Potential Class Action After Allegedly Misleading Earnings Guidance Statements: Levi &amp; Korsinsky - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sportradar (SRAD) shares lost 22.57% in a single session &#8212; down to its lowest point in more than a year &#8212; after short-seller reports contradicted management&#8217;s repeated characterizations of its partner model and market position NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) &#8212; Investors holding Sportradar Group AG (NASDAQ: SRAD) watched shares more than 22% on April 22, 2026, after coordinated reports from Muddy Waters Capital and Callisto Research alleged the company facilitated illegal gambling through its data-distribution services. Shareholders who lost money on SRAD are encouraged to\u00a0submit their information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. In the quarters preceding the stock drop, Sportradar&#8217;s management had projected &hellip; Continue reading &quot;SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation &#8211; Investors With Losses May Seek to Lead the Potential Class Action After Allegedly Misleading Earnings Guidance Statements: Levi &amp; Korsinsky&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-30T13:05:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcxMDExMyM3NTc0MjcyIzIwMjA0MjY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation &#8211; 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Korsinsky - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/","og_locale":"en_US","og_type":"article","og_title":"SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation - Investors With Losses May Seek to Lead the Potential Class Action After Allegedly Misleading Earnings Guidance Statements: Levi &amp; Korsinsky - Market Newsdesk","og_description":"Sportradar (SRAD) shares lost 22.57% in a single session &#8212; down to its lowest point in more than a year &#8212; after short-seller reports contradicted management&#8217;s repeated characterizations of its partner model and market position NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) &#8212; Investors holding Sportradar Group AG (NASDAQ: SRAD) watched shares more than 22% on April 22, 2026, after coordinated reports from Muddy Waters Capital and Callisto Research alleged the company facilitated illegal gambling through its data-distribution services. Shareholders who lost money on SRAD are encouraged to\u00a0submit their information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. In the quarters preceding the stock drop, Sportradar&#8217;s management had projected &hellip; Continue reading \"SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation &#8211; Investors With Losses May Seek to Lead the Potential Class Action After Allegedly Misleading Earnings Guidance Statements: Levi &amp; Korsinsky\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-30T13:05:10+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcxMDExMyM3NTc0MjcyIzIwMjA0MjY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/srad-investor-alert-sportradar-group-ag-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-allegedly-misleading-earnings-guidance-statements-lev\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SRAD Investor Alert: Sportradar Group AG Securities Fraud Investigation &#8211; 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