PDD HOLDINGS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against PDD Holdings Inc. and Encourages Investors to Contact the Firm

Core Viewpoint - A class action lawsuit has been filed against PDD Holdings Inc. for allegedly making false and misleading statements regarding its business practices and the security of its applications [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit was filed in the United States District Court for the Eastern District of New York on behalf of all individuals and entities who purchased PDD Holdings securities between April 30, 2021, and June 25, 2024 [1]. - Investors have until October 15, 2024, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against PDD Holdings - The complaint alleges that PDD Holdings' applications contained malware designed to obtain user data without consent, including access to private text messages [2]. - It is claimed that PDD Holdings lacks a meaningful system to prevent the sale of goods made by forced labor on its platform and has sold banned products on its Temu platform [2]. - The lawsuit asserts that these issues exposed PDD Holdings to increased legal and political scrutiny, rendering the company's statements about its business and prospects materially false and misleading [2]. Contact Information for Investors - Investors who purchased PDD Holdings shares and suffered losses are encouraged to contact Bragar Eagel & Squire, P.C. for more information regarding their rights and interests [3].