Robbins LLP Reminds Investors of the Securities Fraud Class Action Filed Against Park Ha Biological Technology Co, Ltd. After a 93% Decline in the Company's Stock
Robbins LLP, a shareholder-rights plaintiff firm, is soliciting investors for a securities fraud class action filed against Park Ha Biological Technology Co., Ltd. (NASDAQ: BYAH) on behalf of purchasers between December 27, 2024 and July 8, 2025. The complaint alleges Park Ha was the subject of a pump-and-dump and market manipulation scheme after its IPO: the stock ran from a $4.00 IPO price to an all-time high of $41.49 on July 7, 2025, then collapsed 93% to $2.99 on July 8, 2025, erasing more than $1 billion in market capitalization in a single session.
Key figures
- Ipo price
- 4
- Market cap lost
- $1 billion
- Class period end
- July 8, 2025
- All time high date
- July 7, 2025
- Class period start
- December 27, 2024
- Single day decline
- 93%
- All time high price
- 41.49
- Lead plaintiff deadline
- September 28, 2026
- Closing price after collapse
- 2.99
AI analysis
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