PDD Holdings Inc. f/k/a Pinduoduo Inc. Lawsuit Submission Form

Company: PDD Holdings Inc. f/k/a Pinduoduo Inc.

Ticker: (NASDAQ) PDD

Deadline

Passed

Lead Plaintiff Deadline: October 15, 2024

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Allegations

The filed complaint alleges that PDD Holdings Inc. f/k/a Pinduoduo Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) PDD’s applications contained malware, which was designed to obtain user data without the user’s consent, including reading private text messages; (2) PDD has no meaningful system to prevent goods made by forced labor from being sold on its platform, and has openly sold banned products on its Temu platform; (3) the foregoing subjected the Company to a heightened risk of legal and political scrutiny; and (4) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.