Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation

Reuters09-27

Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ostin Technology Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-092424), on September 26, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

wmk
10-01
wmk
Let justice do it's right. From one of fraud victims :(
- senior tiger:
  Have you received your compensation?
- senior tiger:
  Have you received your compensation?
- senior tiger:
  Have you received your compensation?
Market Beater
09-29
Market Beater
Great news! Let justice take its course
- Market Beater:
  Not yet!
- senior tiger:
  Have you received your compensation?

Leave a comment

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Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ostin Technology Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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From one of fraud victims :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/484402790912312","repostId":2570837258,"repostType":2,"repost":{"id":"2570837258","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1758920461,"share":"https://ttm.financial/m/news/2570837258?lang=en_US&edition=fundamental","pubTime":"2025-09-27 05:01","market":"us","language":"en","title":"Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation","url":"https://stock-news.laohu8.com/highlight/detail?id=2570837258","media":"Reuters","summary":"Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ostin Technology Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-092424), on September 26, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOstin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-27 05:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ostin Technology Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-092424), on September 26, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4148":"电子元件","OST":"奥斯汀科技集团"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250926:nNDL9dN7JW:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2570837258","content_text":"Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation\n    \n\n        Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ostin Technology Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-092424), on September 26, 2025, and is solely responsible for the information contained therein.","news_type":1,"symbols_score_info":{"OST":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":486406796677464,"gmtCreate":1759782444708,"gmtModify":1759795623885,"authorId":4204711084375622,"author":{"id":4204711084375622,"idStr":"4204711084375622","authorId":4204711084375622,"name":"senior tiger","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":484402790912312,"type":1,"supId":0,"prevId":0,"content":"<p>Have you received your compensation?</p>","text":"<p>Have you received your compensation?</p>","html":"<p>Have you received your compensation?</p>"},{"id":486407668707848,"gmtCreate":1759782413250,"gmtModify":1759795623718,"authorId":4204711084375622,"author":{"id":4204711084375622,"idStr":"4204711084375622","authorId":4204711084375622,"name":"senior tiger","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":484402790912312,"type":1,"supId":0,"prevId":0,"content":"<p>Have you received your compensation?</p>","text":"<p>Have you received your compensation?</p>","html":"<p>Have you received your compensation?</p>"},{"id":486662538359344,"gmtCreate":1759782387788,"gmtModify":1759795623663,"authorId":4204711084375622,"author":{"id":4204711084375622,"idStr":"4204711084375622","authorId":4204711084375622,"name":"senior tiger","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":484402790912312,"type":1,"supId":0,"prevId":0,"content":"<p>Have you received your compensation?</p>","text":"<p>Have you received your compensation?</p>","html":"<p>Have you received your compensation?</p>"}],"langContent":"EN"},{"id":483787416728104,"gmtCreate":1759104733182,"gmtModify":1759110154770,"author":{"id":"4211627066187942","authorId":"4211627066187942","name":"Market Beater","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4211627066187942","idStr":"4211627066187942"},"htmlText":"Great news! Let justice take its course&nbsp;","listText":"Great news! Let justice take its course&nbsp;","text":"Great news! Let justice take its course","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/483787416728104","repostId":2570837258,"repostType":2,"repost":{"id":"2570837258","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1758920461,"share":"https://ttm.financial/m/news/2570837258?lang=en_US&edition=fundamental","pubTime":"2025-09-27 05:01","market":"us","language":"en","title":"Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation","url":"https://stock-news.laohu8.com/highlight/detail?id=2570837258","media":"Reuters","summary":"Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ostin Technology Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-092424), on September 26, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOstin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-27 05:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ostin Technology Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-092424), on September 26, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4148":"电子元件","OST":"奥斯汀科技集团"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250926:nNDL9dN7JW:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2570837258","content_text":"Ostin Technology Group CEO Indicted for Securities Fraud; Nasdaq Halts Trading Pending Investigation\n    \n\n        Ostin Technology Group Co. Ltd. announced that its Co-Chief Executive Officer, Lai Kui Sen, has been indicted by the U.S. Department of Justice, along with another individual, for allegedly orchestrating a securities and wire fraud scheme involving the company's stock. In response, Ostin's board has formed a special committee of independent directors to investigate the allegations and has engaged outside counsel for an independent review. Trading of Ostin's Class A ordinary shares on Nasdaq was halted on September 12, 2025, pending the company's response to a request for additional information from the exchange. The company is also cooperating with a grand jury subpoena issued by the United States Attorney for the Eastern District of Virginia. The outcome and potential impact of these investigations remain uncertain.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ostin Technology Group Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-092424), on September 26, 2025, and is solely responsible for the information contained therein.","news_type":1,"symbols_score_info":{"OST":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":486462427922696,"gmtCreate":1759795644527,"gmtModify":1759795662243,"authorId":4211627066187942,"author":{"id":4211627066187942,"idStr":"4211627066187942","authorId":4211627066187942,"name":"Market Beater","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":483787416728104,"type":1,"supId":486563475730744,"prevId":0,"content":"Not yet!","text":"Not yet!","html":"Not yet!"},{"id":486563475730744,"gmtCreate":1759782466378,"gmtModify":1759795624062,"authorId":4204711084375622,"author":{"id":4204711084375622,"idStr":"4204711084375622","authorId":4204711084375622,"name":"senior tiger","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":483787416728104,"type":1,"supId":0,"prevId":0,"content":"<p>Have you received your compensation?</p>","text":"<p>Have you received your compensation?</p>","html":"<p>Have you received your compensation?</p>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2570837258","isCrawlerRequest":true}