A class action lawsuit has been filed against iTonic Holdings Ltd (formerly Pheton Holdings Ltd) alleging securities fraud and a pump-and-dump scheme involving company officers, its auditor, and IPO underwriters. The lawsuit claims promoters spread false rumors, including a fake acquisition by Gilead Sciences, causing the stock price to collapse by about 95% in one day on July 29, 2025. Investors who bought shares during the class period can seek lead plaintiff status by September 28, 2026. The case highlights risks of fraudulent practices in stock promotions and may lead to financial recoveries for affected investors.
The class action lawsuit against iTonic Holdings Ltd is notable for investors tracking related market risks. For readers following Financials-sector stocks, here is Pluang's market snapshot as of Sep 17, 2026 20:41 WIB: out of 74 priced US Financials stocks, 56 rose and 17 fell today. Key movers include AVAT at USD 0.93 with a 1-day change of +3.93%, KKR at USD 99.60 with +2.85%, and CG at USD 40.97 with +2.40%.
Gatekeeper, a unified Vendor and Contract Lifecycle Management solution, is now available for purchase through AWS Marketplace. This integration allows organizations using AWS to buy Gatekeeper via their existing AWS accounts, simplifying vendor gove...
The Organic Grower Summit (OGS) 2026, held Dec. 2–3 in Monterey, California, introduces an exclusive offsite AGTech Reception & Field Demos at Reservoir Farms. Sponsored by John Deere, Western Growers Association, and Reservoir, this event offers gro...
At the 31st Annual Society for Neuro-Oncology meeting, biotech firms NeOnc, Nuvation Bio, Jazz Pharmaceuticals, and Cerenome presented new clinical data on brain cancer treatments. Highlights include NeOnc's NEO100 and NEO212 therapies advancing towa...
Subsea 7 has secured a sizeable contract from Kosmos Energy for the Tiberius Project in the US Gulf of Mexico, involving fabrication and installation of subsea infrastructure at about 2,200 meters depth. The work includes a 14-kilometer steel riser, ...
GlobeNewswire released its End of Day Message for November 13, 2026, confirming its role as an FCA-approved primary information provider. The update mainly reiterates its operational status and disclaimers, without reporting any new financial events ...
