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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Digital Group Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202602161511NEWSFILECNPR____20260216_284039_1) on February 16, 2026, and is solely responsible for the information contained therein.