A class action lawsuit has been filed against Ryde Group Ltd, accusing a coordinated social media campaign of artificially inflating the stock price before it crashed 75% in one day on September 11, 2024. The lawsuit alleges that fake financial advisors on platforms like WhatsApp and Facebook directed investors to buy shares, causing a price spike unrelated to the company's actual performance. Investors who bought Ryde shares between March 6 and September 11, 2024, may be eligible to join the lawsuit and recover losses. The case raises concerns about disclosure and manipulation risks in micro-cap stocks with low public float and concentrated insider control.
Ryde Group Ltd's securities class action deadline is noted here with Pluang's Financials sector data as context. Of 85 priced Financials-sector US stocks on Pluang, 60 rose and 23 fell today. As of Sep 24, 2026 20:32 WIB, BTBT traded at USD 1.75 with a 1-day change of -1.13%, APO was at USD 123.02 down 1.08%, and CB stood at USD 338.56 up 1.00%.
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