Financial News

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of PDD Holdings Inc. (PDD) on Behalf of Investors

Law Offices of Howard G. Smith announces an investigation on behalf of PDD Holdings Inc. (“PDD” or the “Company”) (NASDAQ: PDD) investors concerning the Company’s possible violations of federal securities laws.

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, PDD’s stock price fell $4.98, or 4.9%, to close at $96.61 per share on September 7, 2023, thereby injuring investors.

If you purchased PDD securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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