Ostin(US:OST) Globenewswire·2026-02-18 17:00Core Viewpoint - A class action lawsuit has been filed against Ostin Technology Group Co., Ltd. and certain officers for alleged violations of federal securities laws during the Class Period from May 11, 2025, to June 26, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Ostin securities during the specified Class Period [2]. - Allegations include that defendants engaged in a "pump-and-dump" scheme to defraud investors, with some defendants allegedly being part of a criminal syndicate [3]. - The misconduct of the defendants has resulted in estimated losses for investors exceeding $950 million [8]. Group 2: Legal Representation - Bronstein, Gewirtz & Grossman, LLC represents investors on a contingency fee basis, meaning they will only recover costs if successful [4]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in similar cases [5]. - Investors are encouraged to join the lawsuit and can request to be appointed as lead plaintiff until April 17, 2026 [3].