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OST Investor Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Lawsuit Against Ostin Technology Group Co., Ltd.
Robbins LLP has reminded investors of a class action lawsuit against Ostin Technology Group Co., Ltd. (NASDAQ: OST). The lawsuit alleges that OST’s co-CEO, Lai Kui Sen, and a financial advisor, Yan Zhao, orchestrated a pump-and-dump scheme that defrauded investors by artificially inflating the company’s stock price through fraudulent securities offerings and social media promotions. This scheme led to over $110 million in illicit proceeds and a devastating loss of market capitalization for investors on June 26, 2025.