PDD Holdings, Inc. (NASDAQ: PDD)

This investigation is for anyone who acquired securities in PDD Holdings Inc. (NASDAQ: PDD) prior to September 7, 2023.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company’s apps are safe for users but then by loading its popular shopping app, TEMU, with dangerous malware/spyware software.

On September 7, 2023, Grizzly Research published a report alleging, among other things, that PDD’s popular shopping app, TEMU, “is the most dangerous malware/spyware package currently in widespread circulation.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in PDD Holdings Inc. (NASDAQ: PDD) prior to September 7, 2023 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.