Core Points - A shareholder class action lawsuit has been filed against PDD Holdings Inc. alleging materially false and misleading statements regarding the company's business and operations [1] - The lawsuit claims that PDD's applications contained malware designed to obtain user data without consent, including reading private text messages [1] - It is alleged that PDD lacks a meaningful system to prevent forced labor goods from being sold on its platform and has sold banned products on its Temu platform [1] - The aforementioned issues have subjected the company to increased legal and political scrutiny [1] Legal Information - Shareholders who purchased PDD shares between April 30, 2021, and June 25, 2024, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed lead plaintiff in the case is October 15, 2024 [3] - Holzer & Holzer, LLC is a law firm specializing in shareholder class action and derivative litigation, having recovered hundreds of millions for shareholders affected by corporate misconduct [3]
SHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of PDD Holdings Inc. (PDD) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm