SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of September 8, 2026 in Megan Holdings Limited Lawsuit - MGN
SueWallSt, powered by Levi & Korsinsky LLP, notified Megan Holdings investors of a September 8, 2026 lead plaintiff deadline in a securities class action lawsuit alleging a pump-and-dump scheme. The complaint names CEO Darren Hoo and CFO Ng Kai Tie as control persons, alleging they failed to disclose material weaknesses in internal controls and the risk of market manipulation. The lawsuit cites a 93.4% collapse in MGN's share price on March 26, 2026, falling from an intraday high of $5.18 to $0.28, wiping out shareholder value.
Key figures
- Stock drop low
- 0.28
- Stock drop high
- 5.18
- Class period end
- March 25, 2026
- Class period start
- September 26, 2025
- Stock drop percent
- 93.4%
- Lead plaintiff deadline
- September 8, 2026
AI analysis
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