Smart Digital Group Faces Investor Lawsuit Over Alleged Market Manipulation
A class action lawsuit has been filed against Smart Digital Group Ltd., alleging that the company made false or misleading statements and failed to disclose its involvement in a market manipulation and fraudulent promotion scheme. The lawsuit claims insiders used offshore accounts to facilitate the dumping of shares during a price inflation campaign, and that Smart Digital’s risk disclosures omitted the risks of fraudulent trading and market manipulation. Investors who purchased Smart Digital securities between May 5, 2025 and September 26, 2025 may be eligible for compensation, with a lead plaintiff deadline set for March 16, 2026.