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MGN Shareholder Alert: Megan Holdings Limited Securities Class Action Lawsuit - Investors Should Contact SueWallSt

GlobeNewswire Inc.·
MGN Shareholder Alert: Megan Holdings Limited Securities Class Action Lawsuit - Investors Should Contact SueWallSt

Megan Holdings Limited (MGN) stock collapsed 93.4% on March 26, 2026, from $5.18 to $0.28 per share, allegedly due to a fraudulent pump-and-dump scheme involving fake financial advisors promoting the stock on social media. A securities class action lawsuit has been filed against the company, its CEO Darren Hoo, CFO Ng Kai Tie, underwriter D. Boral Capital LLC, and auditor WWC, P.C. for failing to disclose the market manipulation and material weaknesses in internal controls. The class period runs from September 26, 2025 to March 25, 2026.

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