PDD Holdings Inc. (PDD)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of PDD Holdings Inc. (“PPD” or “the Company”) (NASDAQ: PDD). Investors who purchased PPD securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether PPD has violated federal securities laws.
Investigation Details:
On September 7, 2023, Grizzly Research published a report alleging, among other things, that PDD’s popular shopping app, TEMU, “is the most dangerous malware/spyware package currently in widespread circulation.” On this news, PDD’s American depositary receipt (“ADR”) price fell $4.98 per ADR, or 4.9%, to close at $96.61 per ADR on September 7, 2023.
What’s Next?
If you are aware of any facts relating to this investigation or purchased PPD securities, you can assist this investigation. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
Why Bronstein, Gewirtz & Grossman:
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | [email protected]