#USA #New York #Rosen Law Firm #securities lawsuit #Park Ha

Park Ha Biological Technology Class Action Lawsuit: Important Information for Investors

Attention investors who purchased shares in Park Ha Biological Technology Co., Ltd. (NASDAQ: PHH, BYAH) between December 27, 2024, and July 8, 2025! If you suffered losses exceeding $100,000 during this period, you may have a significant opportunity to take part in a securities class action lawsuit led by the Rosen Law Firm, a noted firm in the realm of investor rights.

Why Join the Class Action?

The Rosen Law Firm has highlighted that investors who bought securities during the specified class period have until September 28, 2026, to file a motion with the court to serve as lead plaintiff. A lead plaintiff acts on behalf of all class members in directing the litigation. The firm emphasizes that joining the lawsuit involves no upfront costs as it operates on a contingency fee basis. This means that if there is no recovery, you don’t owe any legal fees.

The Allegations Against Park Ha

The lawsuit alleges that throughout the class period, Park Ha made significantly misleading statements and concealed vital adverse facts about its business operations and securities trading activities. Specific allegations include:
1. Fraudulent Stock Promotion: Park Ha was allegedly involved in a deceptive stock promotion scheme that utilized misleading information across social media channels, exploiting impersonated financial professionals to mislead investors.
2. Omitted Risks: The company's public statements and risk disclosures failed to address the false rumors and orchestrated trading actions that artificially inflated the stock price.
3. Manipulated IPO Structure: Allegedly, Park Ha structured its Initial Public Offering (IPO) with an extremely low public float which facilitated the manipulation of the stock price.
4. Misleading Statements: The firm also claims that due to the aforementioned reasons, any positive statements made by Park Ha regarding its business operations and future prospects were misleading and lacked a substantive basis.

Next Steps for Investors

If you invested in Park Ha and suffered losses during the class period, it’s crucial to understand your options. Interested investors can get further information or express their desire to join the class action by visiting Rosen Law Firm's website or contacting Phillip Kim, Esq., toll-free at 866-767-3653. It is essential to act before the deadline to ensure your rights are protected.

Why Choose Rosen Law Firm?

Rosen Law Firm is recognized for its remarkable track record, having achieved the largest ever securities class action settlement involving a Chinese company. According to ISS Securities Class Action Services, the firm was ranked No. 1 for the number of securities class action settlements in 2017 and has since consistently ranked among the top firms in the industry. In 2019 alone, the firm secured over $438 million for investors, showcasing its capability and commitment to achieving favorable outcomes for its clients.

Final Thoughts

While many law firms might merely issue notifications concerning such cases, Rosen Law Firm possesses the essential experience and resources to handle these complex litigations effectively. Therefore, it is prudent to choose counsel that is both qualified and recognized in this area of law, like the Rosen Law Firm, to ensure your interests are thoroughly represented. Be proactive—ensure your rights as an investor are fortified through this class action lawsuit!