NASDAQ: PDD Lawsuit Alert: Investors With Significant Losses in PDD Holdings Inc. (NASDAQ: PDD) Shares Should Contact the Shareholders Foundation

SAN DIEGO, CA, August 16, 2024 (Newswire.com) - A lawsuit was filed for certain investors in shares of PDD Holdings Inc. (NASDAQ:PDD). NASDAQ: PDD investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in shares of PDD Holdings Inc. (NASDAQ:PDD).

Investors that purchased a significant amount of shares of PDD Holdings Inc. (NASDAQ: PDD) between April 30, 2021 and June 25, 2024, have certain options and for certain investors are short and strict deadlines running. Deadline: October 15, 2024. NASDAQ: PDD investors should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

On August 13, 2024, a lawsuit was filed by an investor in NASDAQ: PDD shares against PDD Holdings Inc. f/k/a Pinduoduo Inc over alleged securities laws violations. The plaintiff alleged that PDD Holdings' applications contained malware, which was designed to obtain user data without the user's consent, including reading private text messages, that PDD Holdings has no meaningful system to prevent goods made by forced labor from being sold on its platform, and has openly sold banned products on its Temu platform, that the foregoing subjected PDD Holdings to a heightened risk of legal and political scrutiny, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased PDD Holdings Inc. (NASDAQ: PDD) shares should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact Information

Michael Daniels
Manager
[email protected]
858-779-1554

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.