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HBSS Investigates Sportradar Group AG (SRAD) Securities Class Action Claims After Short Seller Reports Expose Alleged Illegal Gambling Ties

GlobeNewswire Inc.·
HBSS Investigates Sportradar Group AG (SRAD) Securities Class Action Claims After Short Seller Reports Expose Alleged Illegal Gambling Ties

Hagens Berman is investigating securities fraud claims against Sportradar Group (NASDAQ: SRAD) following a 22% stock collapse on April 22, 2026. Short seller reports from Muddy Waters Research and Callisto Research alleged that Sportradar deliberately partnered with unlicensed black-market gambling operators and concealed this illegal business strategy from investors, with estimates suggesting 20-40% of revenues came from illegal operators.

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