Rosen Law Firm urges Bitfarms investors to act before critical lawsuit deadline

In the United States, on May 22 and 23, 2025, Rosen Law Firm issued important reminders to purchasers of Bitfarms Ltd. securities regarding a securities class action pending against the company. The law firm specifically highlighted the Class Period, which spans from March 21, 2023, to December 9, 2024. Investors who acquired shares during this period are now being notified about potential compensation for damages suffered due to misleading statements made by Bitfarms during that timeframe. The firm specified that the deadline for moving the Court to serve as lead plaintiff is July 8, 2025, and failure to act by that date may forfeit their opportunity to lead the class action lawsuit. Interested investors can join the class action with no upfront costs through a contingency fee arrangement. Potential plaintiffs are also advised to carefully select legal counsel, as many firms may lack the necessary experience in litigating securities class actions. Rosen Law Firm noted the impact of the allegations in their case overview, detailing assertions that Bitfarms maintained insufficient internal controls over their financial reporting practices and ultimately misclassified certain financial transactions. As a result, the financial statements provided by Bitfarms were likely to contain inaccuracies, necessitating potential restatements and leading to investor losses when corrective information was disclosed to the market.