LOS ANGELES — A class action lawsuit has been initiated against Strategy Incorporated, previously known as MicroStrategy Incorporated, by the Schall Law Firm, a firm focused on shareholder rights. The lawsuit cites violations of the Securities Exchange Act of 1934, specifically sections 10(b) and 20(a), along with the associated SEC Rule 10b-5.
Investors who acquired shares in Strategy between April 30, 2024, and April 4, 2025, are urged to contact the firm before the July 15, 2025, deadline to discuss potential participation in the case. Those who believe they have incurred losses due to the company’s actions may wish to engage with the firm to explore their options.
Brian Schall, an attorney with the firm, is available to discuss rights and claims at no cost. He can be reached at the firm’s Los Angeles office, where potential plaintiffs can seek additional guidance on the matter through both phone and online resources.
The lawsuit has yet to receive class certification, which means that until this occurs, there is no representation for individuals joining the action unless they take further steps. Shareholders who opt not to participate will remain classified as absent class members.
According to the complaint, Strategy allegedly misled investors about the viability of its bitcoin-driven business model. The assertions regarding the potential profitability of this strategy were reportedly exaggerated, while the risks tied to bitcoin’s notorious volatility and upcoming changes in financial standards were downplayed. These misleading statements are said to have been prevalent throughout the class period, contributing to investor losses when the truth came to light.
This case emphasizes the ongoing scrutiny of corporate practices related to transparency and investor rights. The Schall Law Firm, which represents clients globally, specializes in cases involving securities fraud and shareholder litigation.
The firm’s announcement underscores the importance of safeguarding shareholder interests and holding companies accountable for their statements to investors.
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