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Rosen Law Firm Encourages PDD Holdings Inc. Investors to Inquire About Securities Class Action Investigation - PDD
PDDPDD(PDD) Prnewswire·2024-07-11 00:14

Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of PDD Holdings Inc. due to allegations of materially misleading business information [1] - PDD Holdings Inc. is facing a lawsuit from the Arkansas Attorney General for violations of the Arkansas Deceptive Trade Practices Act and the Arkansas Personal Information Protection Act, with claims that its e-commerce platform Temu functions as malware and spyware [2] - Following the lawsuit announcement, PDD's American Depositary Receipts fell by 1.3% on June 26, 2024, and 4.6% on June 27, 2024 [2] Group 2 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3] - The firm has secured the largest ever securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements since 2013 [3]