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Class action lawsuit filed against Park Ha Biological for alleged stock manipulation and false statements.

Market News
30 Jul 2026
Newsfile Corp
View Source
Bearish
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A class action lawsuit has been filed against Park Ha Biological Technology Co., Ltd. and certain officers for alleged violations of federal securities laws. The lawsuit claims Park Ha engaged in a fraudulent stock promotion and market manipulation scheme involving social media misinformation and impersonation of financial professionals. It also alleges that the company failed to disclose material information about these activities and structured its IPO to facilitate manipulation. Investors who purchased Park Ha securities between December 27, 2024, and July 8, 2025, are encouraged to join the lawsuit, with a deadline to request lead plaintiff status by September 21, 2026.

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