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Deadline set for Megan Holdings investors to join securities class action over alleged market manipulation.

Market News
08 Jul 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Faruqi & Faruqi, LLP is investigating claims against Megan Holdings Limited for alleged market manipulation and misleading statements from Sept 26, 2025 to March 25, 2026. The lawsuit highlights a fraudulent scheme involving social media misinformation and impersonators, omitted risks of stock manipulation, and internal control weaknesses. Megan's stock plummeted over 90% after a coordinated share dump on March 26, 2026, leading to multiple NASDAQ trading halts. Investors who bought Megan securities during this period have until September 8, 2026, to seek lead plaintiff status or join the class action for potential recovery.

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