Ryde Group Ltd. RYDE

Ryde Group Ltd operates a technology platform that provides a range of ride-hailing, carpooling and delivery focused offerings in Singapore. The company operates in twos segments namely Mobility provides on-demand and scheduled carpooling and ride-hailing services, matching riders to its driver partners; and Quick Commerce provides on-demand, scheduled, and multi-stop parcel delivery services.

• GlobeNewswire Inc. 5 oct

  Bronstein, Gewirtz & Grossman LLC Urges Ryde Group Ltd Investors to Act: Class Action Filed Alleging Investor Harm

  A class action lawsuit has been filed against Ryde Group Ltd alleging securities fraud involving materially false statements, fraudulent stock promotion schemes, insider share dumping, and misleading business disclosures during the period from March 6, 2024 to September 11, 2024. Investors who suffered losses have until November 9, 2026 to request lead plaintiff status.

  

• GlobeNewswire Inc. 28 sept

  Bronstein, Gewirtz & Grossman LLC Urges Ryde Group Ltd Investors to Act: Class Action Filed Alleging Investor Harm

  A class action lawsuit has been filed against Ryde Group Ltd alleging securities fraud violations. The complaint claims the company made materially false statements and failed to disclose a fraudulent stock promotion scheme involving social media misinformation, coordinated share dumping by insiders, and artificial trading activity that inflated stock prices. Investors who purchased Ryde securities between March 6, 2024 and September 11, 2024 are encouraged to join the case, with a lead plaintiff deadline of November 9, 2026.

  

• GlobeNewswire Inc. 28 sept

  Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that it has filed a class action lawsuit against Ryde Group Ltd. (NYSE: RYDE)

  Wolf Haldenstein has filed a securities class action lawsuit against Ryde Group Ltd. (NYSE: RYDE) on behalf of investors who purchased shares between March 6, 2024, and September 11, 2024. The lawsuit alleges that RYDE orchestrated a fraudulent 'pump-and-dump' scheme using social media impersonators posing as financial advisors to artificially inflate the stock price from $4.00 to $22.49 before it crashed 75% to $5.50 on September 11, 2024. The company and its executives allegedly failed to disclose the fraudulent promotion scheme and insider share dumping activities. Investors have until November 9, 2026, to move to serve as lead plaintiff.