Ostin Technology Group Co., Ltd. Class Action Lawsuit - OST
Case Summary
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The Ostin Technology class action lawsuit seeks to represent purchasers or acquirers of Ostin Technology Group Co., Ltd. (NASDAQ: OST) ordinary shares between May 11, 2025 and June 26, 2025, inclusive (the “Class Period”). Captioned Gordon v. Ostin Technology Group Co., Ltd., No. 26-cv-01288 (S.D.N.Y.), the Ostin Technology class action lawsuit charges Ostin Technology and certain of Ostin Technology’s top executives and directors with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Ostin Technology class action lawsuit, please provide your information in the form on this page. You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com. Lead plaintiff motions for the Ostin Technology class action lawsuit must be filed with the court no later than April 17, 2026.
CASE ALLEGATIONS: Ostin Technology, through its subsidiaries, designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers.
The Ostin Technology class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) beginning in April 2025, defendant Lai Kui Sen and co-conspirators engineered a fraudulent sequence of securities offerings specifically designed to place the majority of Ostin Technology shares in the hands of at least 15 co-conspirators for pennies per share or, in many cases, for no consideration whatsoever; and (ii) these securities offerings were synchronized with a fraudulent campaign to artificially inflate the price and trading volume of Ostin Technology stock through social media and messaging service applications, including paid promotions that impersonated actual investment advisors and financial professionals.
The Ostin Technology class action lawsuit further alleges that on June 26, 2025, co-conspirators engaged in a coordinated sell-off of Ostin Technology stock. In a single trading session, the price of Ostin Technology shares fell more than 94%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Ostin Technology ordinary shares during the Class Period to seek appointment as lead plaintiff in the Ostin Technology class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Ostin Technology investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Ostin Technology shareholder class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Ostin Technology class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.