Rosen Law Firm files Park Ha securities class action over alleged false statements
Rosen Law Firm says it filed a class action over Park Ha Biological Technology Co., Ltd. securities bought between Dec. 27, 2024 and July 8, 2025.
Rosen Law Firm says it filed a class action over Park Ha Biological Technology Co., Ltd. securities bought between Dec. 27, 2024 and July 8, 2025.
Rosen Law Firm said investors who bought Park Ha Biological Technology Co., Ltd. securities during the stated class period may be covered by a class action lawsuit. Anyone seeking to serve as lead plaintiff must move the court by Sept. 28, 2026, the notice says.
The notice names Park Ha securities traded under the NASDAQ tickers PHH and BYAH. It says the case concerns alleged false and misleading statements and omitted facts about the company’s business, operations and securities trading activity.
The claims in the notice include allegations that Park Ha was the subject of a fraudulent stock promotion scheme involving social-media misinformation and impersonated financial professionals. It also says the company’s public statements and risk disclosures did not disclose false rumors and artificial trading activity that allegedly drove the stock price.
Rosen Law Firm said the company’s IPO was intentionally structured with an extremely low public float to enable manipulation. The notice also says positive statements about Park Ha’s business, operations and prospects were misleading or lacked a reasonable basis.
The notice says investors who purchased Park Ha securities in the class period may be entitled to compensation. It also says investors do not need to pay out-of-pocket fees or costs under the firm’s contingency-fee arrangement if they join the case, though no class has been certified.
Until certification, the notice says investors are not represented by counsel unless they retain one. It says investors may choose their own counsel or do nothing for now, and that lead-plaintiff status is not required to share in any possible future recovery.
The notice includes Rosen Law Firm background information, saying the firm represents investors worldwide and focuses on securities class actions and shareholder derivative litigation. It also says the firm claims prior rankings and recoveries, including what it describes as the largest ever securities class action settlement against a Chinese company, a No. 1 ranking by ISS Securities Class Action Services in 2017 and more than $438 million recovered in 2019.
No company response was included in the notice provided for this report. The notice directs investors to a join page and provides a contact name, phone number and email address for information.
Any investor who wants to seek lead-plaintiff status must act before the Sept. 28, 2026 deadline cited in the notice.
Sources
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