Class Action Filed Against Ryde Group Ltd Over Alleged Securities Violations

Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, has filed a class action lawsuit against Ryde Group Ltd, a company listed on the NYSE American, on behalf of investors who purchased or otherwise acquired the company's securities between March 6, 2024, and September 11, 2024.

The lawsuit alleges that Ryde Group Ltd and certain of its officers engaged in material misstatements and omissions during the class period. According to the complaint, the company was the subject of a fraudulent stock promotion scheme involving social media misinformation and impersonated financial professionals. Additionally, insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a stock price inflation campaign.

The complaint further states that Ryde Group Ltd’s public statements and risk disclosures failed to disclose the false rumors and artificial trading activity driving its stock price. As a result, the company’s positive statements about its business, operations, and prospects were deemed materially misleading and lacked a reasonable basis.

Investors who purchased or otherwise acquired Ryde securities during the class period are encouraged to join the lawsuit by visiting the firm’s website at bgandg.com/cases/ryde-group-ltd-ryde-class_action_lawsuit. The deadline to request that the court appoint you as a lead plaintiff is November 9, 2026. Investors who suffered a loss in Ryde Group Ltd have until this date to take action.

Bronstein, Gewirtz & Grossman, LLC, represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide.

Investors who wish to learn more about the case or seek legal representation are encouraged to contact the firm directly.