Securities fraud litigation history and active cases
In Litigation
1
Settlement
0
Closed
0
Total Settlement
$0
1:24cv5653 • August 13, 2024
Class Period Start
April 30, 2021
Class Period End
September 12, 2024
PSLRA Deadline
October 15, 2024
Case Allegations
10b5
Statutes of Repose
Apr 30, 2024
Country
United States
Court
Federal Court
Nov 10, 2026
A new complaint has been filed on behalf of certain investors in PDD Holdings Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Sep 29, 2026
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Sep 26, 2025
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Mar 4, 2025
A new complaint has been filed on behalf of certain investors in PDD Holdings Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Nov 19, 2024
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
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