Golden Heaven Group Holdings Ltd. (NASDAQ: GDHG)

This lawsuit is for anyone who acquired securities in Golden Heaven Group Holdings Ltd. (NASDAQ: GDHG) from April 13, 2023 through December 8, 2023.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by telling investors that the Company’s amusement parks would attract more guests and create more revenue than the Company knew was likely given that the Company poorly maintains its properties.

On November 13, 2023, Hindenburg Research posted a series of allegations on social media, noting that Golden Heaven’s CEO has “a history of undisclosed fraud allegations and asset freezes in China”, that “[t]he company was taken public by securities firms with multiple FINRA infractions” and that Golden Heaven’s “claimed high-tech parks appear to be dystopian hellscapes.” Hindenburg further detailed that each of Golden Heaven’s theme parks were poorly maintained and attracted fewer guests than the Company suggested. 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 Golden Heaven Group Holdings Ltd. (NASDAQ: GDHG) from April 13, 2023 through December 8, 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.