Rosen Law Firm, a global investor rights law firm, announces it is
investigating potential securities claims on behalf of shareholders of
Pinduoduo Inc. (NASDAQ:PDD) resulting from allegations that Pinduoduo
may have issued materially misleading business information to the
On July 31, 2018 and August 1, 2018, media outlets reported that China’s
Statement Administration for Market Regulation ordered Shanghai’s
Industry and Commerce Bureau to investigate Pinduoduo after reports that
third-party vendors were selling counterfeit goods on Pinduoduo’s
group-discounting website. On this news, the price of Pinduoduo’s
securities fell sharply during intraday trading on August 1, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses
suffered by Pinduoduo investors. If you purchased shares of Pinduoduo
please visit the firm’s website at http://www.rosenlegal.com/cases-1390.html
to join the class action. You may also contact Phillip Kim or Zachary
Halper of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com
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Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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