Recent Security Class Actions

Ryde Group Ltd. Class A Ordinary Shares (AMEX: RYDE)

48 Days left to seek lead plaintiff status.

Company Name:Ryde Group Ltd. Class A Ordinary Shares
Stock Symbol:AMEX: RYDE
Class Period Start:03/06/2024
Class Period End (inclusive):09/11/2024
Filing Deadline:11/09/2026

The complaint alleges defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and the true nature of its securities trading activity throughout the Class Period. Specifically, Defendants failed to disclose to investors that: (1) RYDE was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals; (2) insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; (3) RYDE’s public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price; and (4) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis

Ryde Group Ltd. Class A Ordinary Shares (AMEX: RYDE) Claim Form

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