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Lawsuit targets Park Ha Biotech insiders after stock plunges 93% in one day

Market News
12 Aug 2026
PRNewsWire
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Bearish
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Park Ha Biological Technology Co., Ltd. faces a securities class action lawsuit after its stock dropped 93% in a single trading session on July 8, 2025, wiping out over $1 billion in market value. The lawsuit names the company's CEO, CFO, and a director as defendants, alleging they controlled misleading disclosures in the December 2024 registration statement and failed to warn investors about manipulative trading risks. Investors who bought shares between December 27, 2024, and July 8, 2025, may join the suit to recover losses. The case highlights the accountability of corporate officers for the accuracy of public filings and disclosures.

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Borders & Southern advances Falklands oil talks as Sea Lion project development accelerates.

Borders & Southern advances Falklands oil talks as Sea Lion project development accelerates.

Borders & Southern Petroleum is progressing discussions with multiple parties to farm out its Darwin oil discovery in the Falkland Islands, amid growing investor interest driven by accelerated development of the Sea Lion oil project. The company owns...

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Solana (SOL) rallies over 24% in a week, reclaiming $100 with strong whale buying and bullish outlook.

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Dunkin' and BARK launch first dog drive-thru for National Dog Day, raising funds for children's hospitals.

Dunkin' and BARK launch first dog drive-thru for National Dog Day, raising funds for children's hospitals.

Dunkin' and BARK opened their first official dog drive-thru in Quincy, Massachusetts, on National Dog Day, offering dog treats, limited-edition bandanas, and plush toys inspired by Dunkin's menu. The event supports the Dunkin' Joy in Childhood Founda...

Others
Bullish
4 hours ago
XRP ETFs see $28M inflow as whale wallets accumulate, pushing price above $1.40 support.

XRP ETFs see $28M inflow as whale wallets accumulate, pushing price above $1.40 support.

US-listed XRP ETFs attracted $28.14 million on August 26, marking the second-largest daily inflow in 2026, led by Bitwise with $13.12 million. Whale wallets accumulated about 460 million XRP tokens, the strongest since February, signaling strong inst...

Market News
Bullish
4 hours ago
Bitcoin set to surpass gold in value and importance in next bull market, says ex-Binance CEO CZ.

Bitcoin set to surpass gold in value and importance in next bull market, says ex-Binance CEO CZ.

At Bitcoin Asia 2026 in Hong Kong, former Binance CEO Changpeng Zhao predicted Bitcoin will overtake gold's significance during the next bull market cycle. While gold's market cap is about $32.4 trillion, Bitcoin currently holds $1.6 trillion, with Z...

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Bullish
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