QIAOYUN XIE OVERSAW OST FINANCIALS DURING $950M PUMP-AND-DUMP — LEVI & KORSINSKY, LLP
Ostin Technology Group Co., Ltd. - Class A Ordinary Shares (OST)
Company Research
Source: GlobeNewswire
NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors that Qiaoyun Xie, Chief Financial Officer of Ostin Technology Group Co., Ltd. (Nasdaq: OST), is named as a defendant in a securities class action filed in the United States District Court for the Southern District of New York. The lawsuit asserts that Ms. Xie knew or recklessly disregarded that two securities offerings were non-bona fide transactions designed to facilitate a fraudulent pump-and-dump scheme that destroyed over $950 million in shareholder value. Find out if you are eligible for recovery in this action or contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or (212) 363-7500. Investors who purchased OST ordinary shares between May 11, 2025, and June 26, 2025, and suffered losses may be entitled to compensation. The stock collapsed 94.1% on June 26, 2025, falling from $9.40 to $0.55 per share. Qiaoyun Xie's Role During the Class Period Ms. Xie has served as OST's Chief Financial
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