Press release
Investigation announced for Investors in shares of PDD Holdings Inc. (NASDAQ: PDD) over possible Violations of Securities Laws
An investigation for investors in PDD Holdings Inc. (NASDAQ: PDD) shares over potential securities laws violations by PDD Holdings
Investors who purchased shares of PDD Holdings Inc. (NASDAQ: PDD), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of PDD Holdings Inc. (NASDAQ: PDD) concerning whether a series of statements by PDD Holdings Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Ireland based PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. PDD Holdings Inc. reported that its annual Total Revenue rose from over 130.55 billion CNY in 2022 to over 247.63 billion CNY in 2023, and that its Net Income increased from 31.53 billion CNY in 2022 to 60.02 billion CNY in 2023.
On June 25, 2024, Arkansas Attorney General Tim Griffin announced he is suing parent companies of Temu-PDD Holdings Inc. and WhaleCo Inc. for violations of the Arkansas Deceptive Trade Practices Act ("ADTPA") and the Arkansas Personal Information Protection Act ("PIPA"). Attorney General Tim Griffin stated, "Temu is functionally malware and spyware. It is purposefully designed to gain unrestricted access to a user's phone operating system. It can override data privacy settings on users' devices, and it monetizes this unauthorized collection of data."
Shares of PDD Holdings Inc. (NASDAQ: PDD) declined from $164.69 per share on May 24, 2024, to as low as $123.01 per share on July 30, 2024.
Those who purchased shares of PDD Holdings Inc. (NASDAQ: PDD) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation announced for Investors in shares of PDD Holdings Inc. (NASDAQ: PDD) over possible Violations of Securities Laws here
News-ID: 3611391 • Views: …
More Releases from Shareholders Foundation, Inc.
Investigation announced for Investors in shares of BrightSpring Health Services, …
An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at BrightSpring Health Services, Inc.
Investors who purchased shares of BrightSpring Health Services, Inc. (NASDAQ: BTSG) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain BrightSpring Health Services, Inc. directors breached their fiduciary duties and caused damage to the company…
Lawsuit Alert: Investors who lost money with shares of ZoomInfo Technologies Inc …
An investor, who purchased shares of ZoomInfo Technologies Inc. (NASDAQ: ZI), filed a lawsuit over alleged violations of Federal Securities Laws by ZoomInfo Technologies Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of ZoomInfo Technologies Inc. (NASDAQ: ZI) have certain options and for certain investors are short and strict deadlines running. Deadline: November 4, 2024. NASDAQ: ZI investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Investigation announced for Long-Term Investors in Innoviz Technologies Ltd. (NA …
An investigation was announced on behalf of current long-term investors in shares of Innoviz Technologies Ltd. (NASDAQ: INVZ) concerning potential breaches of fiduciary duties by certain directors of Innoviz Technologies Ltd..
Investors who are current long term investors in Innoviz Technologies Ltd. (NASDAQ: INVZ) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long…
Long-Term Investors who lost money with shares of Dollar General Corporation (NY …
An investigation was announced for current long-term investors in shares of Dollar General Corporation (NYSE: DG) concerning potential breaches of fiduciary duties by certain directors and officers of NYSE: DG.
Investors who are current long term investors in Dollar General Corporation (NYSE: DG) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term…
More Releases for PDD
Industrial Design Market Booming Segments; Investors Seeking Growth - Ammunition …
Worldwide Industrial Design Market Analysis to 2028 is a specialized and in-depth study of the Industrial Design Industry with a focus on the global market trend. The report aims to provide an overview of global Industrial Design Market with detailed market segmentation by product/application and geography. The global Industrial Design Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Industrial User Interface and Interaction Design Market by 2025 - Frog Design, D …
The Industrial User Interface and Interaction Design market is on the surging trend considering the global scenario. The Industrial design is a process of design applied to products which are to be produced or manufactured via techniques of mass production.
Get Sample Copy –
https://www.premiummarketinsights.com/sample/BRC00018322
The Industrial User Interface and Interaction Design market is primarily driven owing to rising adoption & utility in many verticals such as Manufacturing and Transportation sector,…
What's Driving The Industrial Design Market Growth? Key Players Are: Ammunition, …
Global Industrial Design Market Size, Status And Forecast To 2025 With Industrial Analysis And Forecast By Top Key Players Ammunition, Designworks, Frog Design, IDEO, RKS, Smart Design, Alessi, BUSSE Design, PDD, Seymourpowell .
The global Industrial Design market presents a profound evaluation of basic elements of Industrial Design industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in…
Industrial User Interface And Interaction Design Market Forecasts – Top Manufa …
Global Industrial User Interface and Interaction Design market is on the surging trend considering the global scenario. The Industrial design is a process of design applied to products which are to be produced or manufactured via techniques of mass production. The Industrial User Interface and Interaction Design market is primarily driven owing to rising adoption & utility in many verticals such as Manufacturing and Transportation sector, surging number of financial…
Industrial User Interface and Interaction Design Market Scope, Analysis, Trends …
The Industrial User Interface and Interaction Design market is on the surging trend considering the global scenario. The Industrial design is a process of design applied to products which are to be produced or manufactured via techniques of mass production. The Industrial User Interface and Interaction Design market is primarily driven owing to rising adoption & utility in many verticals such as Manufacturing and Transportation sector, surging number of financial…
Industrial Design Market to 2023 - ZIBA Design, Fuse Project, PDD, LUNAR, R&D De …
This Industrial Design Market Research Report is of 101 pages. This report provides an in-depth insight of Global Industrial Design Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis
The major players in global market include
IDEO
Frog Design
Designworks
ARTOP GROUP
Designaffairs
Ammunition Group
ZIBA Design
Fuse Project
PDD
LUNAR
R&D Design
GK Design Group
RKS
BUSSE Design
Request a Sample at http://www.reportsweb.com/inquiry&RW00011938178/sample
Geographically, this report split global into several key Regions, with, revenue (million USD), market share and…
