Class Action Lawsuit Targets Ostin Technology Group Over Alleged Pump-and-Dump Scheme

Reuters02-27 02:18

Class Action Lawsuit Targets Ostin Technology Group Over Alleged Pump-and-Dump Scheme

Wolf Haldenstein Adler Freeman and Herz LLP said a securities class action has been filed against Ostin Technology Group Co. Ltd. over alleged misconduct tied to a pump-and-dump scheme involving its shares. The suit seeks to represent investors who bought or acquired Ostin shares between May 11, 2025 and June 26, 2025, and alleges company management cooperated in the scheme, with claimed investor losses exceeding $950 million. Investors have until April 17, 2026 to seek appointment as lead plaintiff.

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 GlobeNewswire (Ref. ID: 202602261317PRIMZONEFULLFEED9662319) on February 26, 2026, and is solely responsible for the information contained therein.

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