【Portnoy Law Firm Announces Class Action Against MicroStrategy】Portnoy Law Firm announces a class action against MicroStrategy (NASDAQ: MSTR; STRK; STRF) on behalf of investors who purchased the company's securities between April 30, 2024, and April 4, 2025. The lawsuit alleges that the company exaggerated the expected profitability of its Bitcoin investment strategy and underestimated the associated risks.
Earlier news reported that the renowned American law firms Frank R. Cruz and Pomerantz announced class action lawsuits against MicroStrategy Incorporated (NASDAQ: MSTR), both accusing the company of making misleading statements to investors between April 30, 2024, and April 4, 2025.