The lawsuit alleges that Triller Group made materially false statements regarding its consolidation of the Bare Knuckle Fighting Championship. According to the complaint, the company’s control over the entity was overstated, while systemic accounting issues hindered its ability to file mandatory financial reports with the SEC. These internal deficiencies reportedly placed the firm at significant risk of NASDAQ delisting, a reality the company failed to communicate to the market.

Those seeking to serve as lead plaintiff must file their motion with the Court by December 14, 2026. While the lawsuit has been initiated, no class has been formally certified. Investors are not required to act as lead plaintiffs to participate in any eventual recovery, and they retain the right to select their own legal counsel. Interested parties can contact Phillip Kim at The Rosen Law Firm for further details on the contingency-based representation.