PDD Class Action Alert: Shareholder Rights Law Firm Robbins LLP Reminds PDD Holdings Inc. Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against PDD Holdings Inc. for allegedly misleading investors regarding illegal business practices, including the presence of malware in its applications and the sale of goods made by forced labor [1][2]. Allegations - The lawsuit claims that PDD's applications contained malware designed to obtain user data without consent, including access to private text messages [1]. - It is alleged that PDD lacks a meaningful system to prevent the sale of goods made by forced labor and has sold banned products on its Temu platform [1]. - The company is said to be exposed to increased legal and political scrutiny due to these practices [1]. - As a result, statements made by PDD regarding its business operations and prospects are claimed to be materially false and misleading [1]. Class Action Participation - Shareholders wishing to serve as lead plaintiffs must file their papers by October 15, 2024, and do not need to participate in the case to be eligible for recovery [2]. - All representation in the class action is on a contingency fee basis, meaning shareholders incur no fees or expenses [2]. About Robbins LLP - Robbins LLP is a recognized leader in shareholder rights litigation, having recovered over $1 billion for shareholders since its inception in 2002 [3].