October 15, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against PDD

Core Viewpoint - PDD Holdings Inc. is facing a class action lawsuit due to allegations of issuing misleading statements and failing to disclose critical information regarding its operations and practices, particularly concerning user data security and labor practices [1][2]. Group 1: Allegations and Class Period - The class period for the lawsuit is defined as April 30, 2021, to September 12, 2024 [1]. - Allegations include that PDD's applications contained malware designed to obtain user data without consent, including access to private text messages [1]. - It is claimed 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 issues [1]. Group 2: Shareholder Actions - Shareholders who purchased PDD shares during the specified class period are encouraged to register for the class action and may seek lead plaintiff status [2]. - The deadline for shareholders to register and seek lead plaintiff status is October 15, 2024 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].