Securities Fraud Investigation Into Sportradar Group AG (SRAD) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Sportradar Group AG (“Sportradar” or the “Company”) (NASDAQ: SRAD) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON SPORTRADAR GROUP AG (SRAD), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is The Investigation About?

On April 22, 2026, Muddy Waters Research released a report alleging, among other things, that Sportradar “has actively aided and abetted illegal gambling across the world's black and grey markets — not as an accident or an oversight, but as a business strategy.” Specifically, the report stated that research had “documented nearly 50 clients who we deem to be operating illegally— including seven Russian sportsbooks, four SEA sportsbooks with confirmed links to Cambodian human trafficking operations, one of whom its own sales team acknowledged was too afraid to attend a trade show for fear of arrest — all actively running directly or indirectly on [Sportradar’s] data infrastructure.”

On this news, Sportradar’s stock price fell $3.80, or 22.6%, to close at $13.04 per share on April 22, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased Sportradar securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [e-mail]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

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