PDD Holdings Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm
PDDPDD(US:PDD) Globenewswire·2026-01-21 15:36

Core Viewpoint - PDD Holdings is under investigation for potential securities law violations following increased regulatory scrutiny from Chinese authorities, which has disrupted the company's operations [2][4]. Group 1: Regulatory Scrutiny - Shares of PDD Holdings experienced a decline on January 20, 2026, due to reports of expanded regulatory scrutiny by Chinese authorities after a confrontation between PDD personnel and government inspectors [2]. - Multiple regulatory agencies, including China's market and tax authorities, have conducted large-scale inspections at PDD's Shanghai offices, focusing on delivery practices and tax compliance [2]. Group 2: Legal Investigation - Block & Leviton is investigating whether PDD Holdings committed securities law violations and may pursue legal action to recover losses for affected investors [4]. - Investors who have lost money on their PDD Holdings investment are encouraged to contact Block & Leviton for potential recovery options [3][5]. Group 3: Whistleblower Information - Individuals with non-public information about PDD Holdings are encouraged to assist in the investigation or report to the Securities Exchange Commission under the whistleblower program, which offers rewards of up to 30% of any successful recovery [6]. Group 4: Firm's Reputation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [7].