Class Action Lawsuit Filed Against Ostin Technology Group Co., Ltd. Over Alleged Securities Fraud
A class action lawsuit has been filed against Ostin Technology Group Co., Ltd. (NASDAQ: OST) alleging securities fraud that led to significant investor losses. The lawsuit claims a fraudulent promotional campaign inflated the company's market cap from $22 million to over $1 billion in two months, followed by a single-day loss of over $950 million in market value.
Tickers: $OST
Topics: class action investor losses market manipulation securities fraud stock price manipulation