NEW YORK, March 27, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Ostin Technology Group Co., Ltd. (NASDAQ: OST). Shareholders who purchased shares of OST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ostin-technology-group-co-ltd-loss-submission-form/?id=184878&from ...

SUEWALLST, LLP: OST FRAUD TIMELINE REVEALS 73-DAY PATH TO $950M INVESTOR WIPEOUT Accessibility StatementSkip Navigation Key Dates and Disclosure Events Shareholders Need to Know NEW YORK, March 26, 2026 /PRNewswire/ -- April 14, 2025: OST closes at $0.78. April 15, 2025: A $5 million registered direct offering closes, placing shares with select participants at $0.55 each. May 7, 2025: Over 70 million additional shares are issued for zero cash through a warrant exchange. May 11, 2025: A coordinated promo ...

OST Shareholder Alert: April 17, 2026 Lead Plaintiff Deadline in Ostin Technology Group Co., Ltd. Securities Class Action Lawsuit -- The Gross Law Firm Accessibility StatementSkip NavigationNEW YORK, March 24, 2026 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ostin Technology Group Co., Ltd. (NASDAQ: OST).Shareholders who purchased shares of OST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as ...

Core Viewpoint - Class actions have been initiated for stockholders of Ostin Technology Group Co., Ltd. and NuScale Power Corporation, with specific deadlines for investors to petition the court to serve as lead plaintiff [1] Ostin Technology Group Co., Ltd. (NASDAQ:OST) - The class period for Ostin is from May 11, 2025, to June 26, 2025, with a lead plaintiff deadline of April 17, 2026 [4] - A criminal indictment was unsealed on September 12, 2025, charging co-CEO Lai Kui Sen and financial advisor Yan Zhao with conspiracy to commit securities fraud, wire fraud, and securities fraud, alleging a scheme that generated over $110 million in illicit proceeds [4] - The indictment claims that from April 2025, Lai Kui Sen and co-conspirators executed fraudulent securities offerings, placing the majority of Ostin shares in the hands of at least fifteen co-conspirators for minimal or no cost [4] - The fraudulent campaign inflated Ostin's market capitalization from approximately $22 million to over $1 billion, with a peak stock price of $9.40 on June 26, 2025 [4] - On June 26, 2025, Ostin investors faced significant losses, with over $950 million (over 94%) of market capitalization lost in a single day, as the stock price fell from an intraday high of $9.40 to a closing price of $0.55 [4] NuScale Power Corporation (NYSE:SMR) - The class period for NuScale is from May 13, 2025, to November 6, 2025, with a lead plaintiff deadline of April 20, 2026 [4] - The lawsuit alleges that defendants made false statements and failed to disclose that ENTRA1 Energy LLC had no significant experience in building or operating nuclear power projects, which posed undisclosed risks to NuScale's commercialization strategy [4] - The lawsuit claims that when the true details were revealed, investors suffered damages due to the misleading information regarding ENTRA1's qualifications and experience [4]

OST'S $0.06 SHARES SOLD AS $9.40 WINNERS -- INVESTORS LOST 94%: SUEWALLST, LLP Accessibility StatementSkip NavigationPromise vs. Reality: The Ostin Technology Performance Gap That Cost Investors $950 MillionNEW YORK, March 19, 2026 /PRNewswire/ -- The promise: guaranteed returns of 80% to 300% on a stock poised for acquisition at a premium. The reality: a 94.1% single-day collapse that destroyed $950 million in market capitalization, leaving thousands of investors across six countries holding shares worth p ...

Core Viewpoint - The Gross Law Firm is notifying shareholders of Ostin Technology Group Co., Ltd. about a class action lawsuit related to alleged misleading statements and conspiracies that artificially inflated the company's stock price during a specific period [1][3]. Group 1: Class Action Details - The class period for the lawsuit is from May 11, 2025, to June 26, 2025 [3]. - Allegations include that defendants conspired to inflate OST's stock price through misleading statements and facilitated the sale of shares obtained via a registered direct offering and warrant exchange agreement [3]. - Shareholders are encouraged to register for the class action by April 17, 2026, to potentially become lead plaintiffs [4]. Group 2: Firm's Commitment - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5]. - The firm offers portfolio monitoring software for registered shareholders to keep them updated on the case's progress [4].

Core Insights - Ostin Technology Group Co., Ltd. (Nasdaq: OST) experienced a catastrophic stock collapse, with shares plummeting from $9.40 to $0.55 in a single day, resulting in a loss of $950 million in market capitalization and affecting thousands of investors across six countries [1][1][1] Group 1: Promised Returns vs. Reality - Investors were promised guaranteed returns of 80% to 300% on OST shares, with claims of acquisition at a premium [1][1] - The actual outcome was a 94.1% loss in a single day, with no acquisition or material corporate developments occurring [1][1] - The company's market capitalization was falsely represented as over $1 billion, while the actual market cap was only $22 million prior to the scheme [1][1] Group 2: Company Fundamentals - OST was characterized as a failing display manufacturer, reporting $38 million in annual revenue and $10.6 million in losses, with a negative profit margin of 27% and a debt-to-equity ratio of 9.5 [1][1] - Institutional ownership of OST was minimal at 0.1%, and the company had undergone multiple reverse stock splits to avoid delisting [1][1] Group 3: Promotional Tactics - A coordinated promotional campaign allegedly utilized AI-generated deepfake videos and fabricated reports to mislead investors about OST's potential [1][1] - Select investors acquired approximately 80 million shares at an average cost of $0.0625 per share, which were then promoted to retail investors at prices exceeding $9.00 per share, representing a markup of over 14,000% [1][1]

Group 1 - A class action securities lawsuit has been filed against Ostin Technology Group Co., Ltd. (NASDAQ: OST) for alleged securities fraud occurring between May 11, 2025, and June 26, 2025 [1] - The lawsuit claims that defendants made false statements and conspired to artificially inflate OST's stock price through the manipulation of shares obtained via a registered direct offering and a warrant exchange agreement [1] - Investors affected by the alleged fraud have until April 17, 2026, to request to be appointed as lead plaintiff in the case, with no out-of-pocket costs for class members [1] Group 2 - The law firm Levi & Korsinsky, LLP, which has a strong track record in securities litigation, is representing the investors in this case [1] - The firm has secured hundreds of millions of dollars for shareholders over the past 20 years and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [1]

Core Viewpoint - Class actions have been initiated for stockholders of Ostin Technology Group Co., Ltd. and NuScale Power Corporation, with deadlines for lead plaintiff petitions approaching [1] Ostin Technology Group Co., Ltd. (NASDAQ:OST) - The class period for Ostin is from May 11, 2025, to June 26, 2025, with a lead plaintiff deadline of April 17, 2026 [4] - A criminal indictment was unsealed on September 12, 2025, charging co-CEO Lai Kui Sen and financial advisor Yan Zhao with conspiracy to commit securities fraud, wire fraud, and securities fraud, alleging over $110 million in illicit proceeds [4] - The indictment claims that from April 2025, a fraudulent scheme was orchestrated to inflate Ostin's stock price, resulting in a market capitalization increase from approximately $22 million to over $1 billion [4] - On June 26, 2025, Ostin's stock price collapsed, leading to a loss of over $950 million, representing more than 94% of its market capitalization in a single day [4] NuScale Power Corporation (NYSE:SMR) - The class period for NuScale is from May 13, 2025, to November 6, 2025, with a lead plaintiff deadline of April 20, 2026 [4] - The lawsuit alleges that NuScale made false statements regarding ENTRA1 Energy LLC's capabilities, claiming it had never built or operated significant projects in nuclear power generation [4] - It is claimed that NuScale's commercialization strategy was exposed to undisclosed risks due to reliance on ENTRA1, which lacked significant experience in the nuclear energy sector [4]

Core Viewpoint - Shareholders of Ostin Technology Group Co., Ltd. (OST) are encouraged to join a class action lawsuit due to allegations of misleading statements and conspiracies that artificially inflated the company's stock price during a specified period [1]. Group 1: Class Action Details - The class period for the lawsuit is from May 11, 2025, to June 26, 2025 [1]. - Allegations include that defendants conspired to inflate OST's stock price through misleading statements and failed to disclose material information [1]. - The deadline for shareholders to register for the class action is April 17, 2026 [1]. Group 2: Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software for status updates throughout the case [1]. - Participation in the class action has no cost or obligation for shareholders [1]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [1]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [1].