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Class action lawsuit filed against Ryde Group for stock price manipulation and misleading statements

Market News
13 Oct 2026
PRNewsWire
View Source
Bearish
Class action lawsuit filed against Ryde Group for stock price manipulation and misleading statements

Schall, Brown & Schwartz LLP has announced a class action lawsuit against Ryde Group Ltd. for violating securities laws by making false and misleading statements. The lawsuit alleges that Ryde was involved in a stock promotion scheme using fraudulent financial professionals and social media misinformation, with insiders dumping shares to benefit from inflated prices. Investors who bought Ryde shares between March 6, 2024, and September 11, 2024, may be eligible to join the lawsuit and recover losses. The deadline to participate is November 9, 2026, and the class has not yet been certified.

Ryde Group Ltd. investors face a securities fraud lawsuit opportunity. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 14, 2026 08:21 WIB: Among 118 priced US Financials stocks, 48 rose and 69 fell today. Notable movers include PSEC at USD 1.67 with 98% sell order activity, XP at USD 31.47 with 100% buy order activity, and AVAT at USD 1.31 with 98% buy order activity.

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