Pomerantz LLP has filed a class action lawsuit against Megan Holdings Limited concerning alleged securities fraud and stock manipulation. Investors who purchased Megan shares pursuant to its IPO or during the Class Period from September 26, 2025 to March 25, 2026 have until September 8, 2026 to seek lead plaintiff appointment. The complaint alleges that stock promoters on social media and messaging apps artificially inflated Megan's share price, which then collapsed 93.4% on March 26, 2026, falling from $4.24 to $0.28 per share. Trading was halted multiple times that day, and the stock has not recovered above $0.28.
Megan Holdings LimitedClass action lawsuit alleging securities fraud and stock manipulation, with 93.4% price collapse.