OSTIN LAWSUIT ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Ostin Technology Group Co., Ltd.

Core Viewpoint - A class action lawsuit has been filed against Ostin Technology Group Co., Ltd. for alleged securities fraud during the class period from May 11, 2025, to June 26, 2025, with significant losses reported by investors [2][5]. Allegation Details - The lawsuit alleges that on September 12, 2025, a criminal indictment was unsealed against Ostin's co-CEO Lai Kui Sen and financial advisor Yan Zhao, charging them with conspiracy to commit securities fraud and wire fraud, resulting in over $110 million in illicit proceeds [5]. - The complaint claims that starting in April 2025, Lai Kui Sen and co-conspirators executed fraudulent securities offerings, allowing them to acquire Ostin shares at minimal or no cost, while simultaneously inflating the stock price through deceptive promotional campaigns [5]. - Ostin's market capitalization reportedly increased from approximately $22 million to over $1 billion during the class period, with the stock price peaking at $9.40 on June 26, 2025, before a significant selloff led to a loss of over $950 million in market capitalization in one day [5]. Next Steps - Investors who purchased Ostin shares and suffered losses are encouraged to contact Bragar Eagel & Squire, P.C. for more information regarding their rights and potential claims [4].