{"success":true,"data":{"pressRelease":{"id":"155696","rtpr_id":"nGNX999Sk5-20260929","ticker":"RYDE","exchange":"NYSE","all_tickers":["RYDE"],"title":"RYDE Shareholder Alert: November 9, 2026 Lead Plaintiff Deadline in Ryde Group Ltd Securities Class Action - Contact SueWallSt","author":"Globe Newswire","published_at":"2026-09-29T14:28:00.120Z","article_body":"NEW YORK, Sept. 29, 2026 (GLOBE NEWSWIRE) -- SueWallSt alerts investors in\nRyde Group Ltd (NYSE: RYDE) of a pending securities class action covering\npurchases made from March 6, 2024 through September 11, 2024. Check if you\nmight be eligible to recover your investment losses\n(https://www.globenewswire.com/Tracker?data=1gfLBRpQc6DTqlirLxTQtRhoioPqf5Pys7wWnwiBMbeeBQjh_0kmXxrPPr7s6niY34qiGwKL-8fa4evlWfZULGKLzkB7a_VKqkOZXA2WcG3uYW6Ax08FFO-O1sO1eAr0Xqf_9HBwCKiPk_zCQk-kInZnfq7ZiuyJsGzPG7jJs_ebDqv3CIPER9v7-YTRqvOvFUAKYth5Y2JyRZUTclUwGxUjzs_emBWoQ3PFC4Xi_ttSgiarb2qTHOVQWTQ8aC4n).\nYou may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888)\nSueWallSt.\n\nPublic investors paid $4.00 per share in the March 2024 offering, which\nproduced $12,000,000 in gross proceeds before a 7.5% underwriting discount. On\nSeptember 11, 2024, the share price allegedly crashed 75% to $5.50. The Court\nhas set November 9, 2026 as the deadline to apply for lead plaintiff\nappointment.\n\nThe Alleged Singapore Micro-Cap Float Concentration\n\nThe action claims the listing carried the same structural features as other\nforeign micro-cap offerings implicated in manipulation: an unusually small\npublic float, concentrated insider control through offshore affiliates, and\nminimal public disclosure. Neither the registration statement, the prospectus,\nnor any later SEC filing mentioned the substantial manipulation risk the\nlawsuit asserts was inherent in that offering architecture.\n\nWhat Management Allegedly Knew\n\nUnqualified audit opinions covering fiscal 2021, 2022, and 2023 were\nincorporated into the Company's offering materials and its Form 20-F, each\ncertifying that the consolidated statements were fairly presented in all\nmaterial respects and audited in accordance with PCAOB standards. As alleged,\nthose financial statements were not prepared in conformity with U.S. GAAP or\nPCAOB requirements. Management meanwhile continued to promote its ambition of\nbecoming a \"Super mobility app\" without cautioning that share price movement\ndid not reflect Company fundamentals.\n\nRegulatory Trends in Micro-Cap Float and Audit Disclosure\n* Peer foreign micro-cap issuers identified in the action, including OST, JYD,\nand CLEU, listed with public floats often under 10%.\n* Reported revenue from mobility and quick commerce grew only from S$6,174,000\nin 2021 to S$6,602,000 in 2022, modest growth the action contrasts with the\nshare price surge.\n* The SEC announced a Cross-Border Task Force on September 5, 2025, expressly\nnaming auditors and underwriters as \"gatekeepers\" in pump-and-dump and\nramp-and-dump schemes.\n* Nasdaq's revised listing standards, approved by the SEC on December 18,\n2025, added a $15 million minimum public float requirement and a $25 million\nminimum offering proceeds threshold for China-based issuers.\n* The complaint names the Company's outside auditor and IPO underwriter as\ndefendants alongside the officers and directors who signed the filings.\nWhy Disclosure Adequacy Allegedly Matters to Investors\n\nRisk language about driver incentives and competition appeared in the filings.\nThe lawsuit asserts that what was missing was any disclosure of the irregular\ntrading and coordinated online promotion already visible before the September\n2024 collapse.\n\n”Investors deserve transparency about material risks that could affect their\ninvestments, including the risk that a company's own share structure makes it\na target for manipulation. The complaint alleges that Ryde's offering\ndocuments and annual report never warned shareholders that the trading\nenvironment surrounding the stock had become highly irregular.\" -- Joseph E.\nLevi, Esq.\n\nLearn more about the case\n(https://www.globenewswire.com/Tracker?data=0LhmMegHpVJwKtvqHTP3rdtEiwb3lVYM2CSp_Jok1mZ-cbgQsk-NZVB0dnQKDeRTpcOLLB3o-QcgMxUgz4nTeATt9jdFPUd2H2E8ZlRhn8ocaid6KH8CVXkxKiWssXkEHPZlvuPxRLQ_RSdMY5s3gb9piN1DhX9Zc4qaSlVf-DeQHx8hzEjxcHcBNawMhMho)\nor call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky\nLLP has established itself as a nationally-recognized securities litigation\nfirm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the RYDE Lawsuit\n\nQ: What is the RYDE lead plaintiff deadline? A: The deadline to apply for lead\nplaintiff appointment is November 9, 2026. This deadline applies only to\ninvestors seeking to serve as lead plaintiff. Class members who do not apply\nmay still participate in any recovery without taking action before this date.\n\nQ: What specific misstatements does the RYDE lawsuit allege? A: The complaint\nalleges Ryde Group Ltd made materially false or misleading statements\nregarding its financial statements and audit opinions, its compliance with\nU.S. GAAP and PCAOB standards, and the omission of market manipulation risks\ninherent in its low-float offering structure during the Class Period.\n\nQ: Who are the defendants named in the RYDE lawsuit? A: The complaint names\nRyde Group Ltd and individual defendants including senior executives who\nsigned SEC filings, made public statements, or certified financial\ndisclosures, as well as the Company's auditor and IPO underwriter.\n\nQ: What do RYDE investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nSubmit your information for a no-cost, no-obligation evaluation of your\npotential recovery\n(https://www.globenewswire.com/Tracker?data=OB0dS1wneLWV6oTrbpTTg9xnll8WKiGoxJM5KldQU1CYrlzkdZq3wb-rmYlShjjkShTiRXIwz4zjGI-1zvYm1nsZNluj-WVChBEOmfw-mfECI-CR4qzp0mkQajQEl_fMszfAKhukZVY56EJ2Fo40SyKyGkPg_EdXds_-IjsqCD6VkihYZQ82906iaTKBJFCJQRbdsqr4M6jpJxiEQ20VVsRiAUIis53NGKdICifIYKzx3MB2KDwwwNdaBbRf4z4MD6tY4BFEtB2Pcl-1oaqgmw==).\nNo immediate action is required to remain eligible as an absent class member.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my RYDE shares, can I still recover losses? A: Yes.\nEligibility is based on when you purchased, not whether you still hold the\nshares. Investors who bought during the Class Period and sold at a loss may\nstill be eligible to participate.\n\nQ: What does it cost me to participate? A: There is no upfront cost to submit\nyour information and review whether you may be eligible to recover. Should you\nchoose to participate in the securities class action, they are generally\nhandled on a contingency basis, with any attorneys' fees and expenses subject\nto court approval.\n\nQ: What if I live outside the United States? A: U.S. securities class actions\ngenerally cover purchases on U.S. exchanges regardless of the investor's\ncountry of residence.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@SueWallSt.com\n\nTel: (888) SueWallSt\n\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX999Sk5-20260929","title":"RYDE Shareholder Alert: November 9, 2026 Lead Plaintiff Deadline in Ryde Group Ltd Securities Class Action - Contact SueWallSt","author":"Globe Newswire","ticker":"RYDE","created":"2026-09-29T14:28:00.120Z","tickers":["RYDE"],"exchange":"NYSE","article_body":"NEW YORK, Sept. 29, 2026 (GLOBE NEWSWIRE) -- SueWallSt alerts investors in\nRyde Group Ltd (NYSE: RYDE) of a pending securities class action covering\npurchases made from March 6, 2024 through September 11, 2024. Check if you\nmight be eligible to recover your investment losses\n(https://www.globenewswire.com/Tracker?data=1gfLBRpQc6DTqlirLxTQtRhoioPqf5Pys7wWnwiBMbeeBQjh_0kmXxrPPr7s6niY34qiGwKL-8fa4evlWfZULGKLzkB7a_VKqkOZXA2WcG3uYW6Ax08FFO-O1sO1eAr0Xqf_9HBwCKiPk_zCQk-kInZnfq7ZiuyJsGzPG7jJs_ebDqv3CIPER9v7-YTRqvOvFUAKYth5Y2JyRZUTclUwGxUjzs_emBWoQ3PFC4Xi_ttSgiarb2qTHOVQWTQ8aC4n).\nYou may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888)\nSueWallSt.\n\nPublic investors paid $4.00 per share in the March 2024 offering, which\nproduced $12,000,000 in gross proceeds before a 7.5% underwriting discount. On\nSeptember 11, 2024, the share price allegedly crashed 75% to $5.50. The Court\nhas set November 9, 2026 as the deadline to apply for lead plaintiff\nappointment.\n\nThe Alleged Singapore Micro-Cap Float Concentration\n\nThe action claims the listing carried the same structural features as other\nforeign micro-cap offerings implicated in manipulation: an unusually small\npublic float, concentrated insider control through offshore affiliates, and\nminimal public disclosure. Neither the registration statement, the prospectus,\nnor any later SEC filing mentioned the substantial manipulation risk the\nlawsuit asserts was inherent in that offering architecture.\n\nWhat Management Allegedly Knew\n\nUnqualified audit opinions covering fiscal 2021, 2022, and 2023 were\nincorporated into the Company's offering materials and its Form 20-F, each\ncertifying that the consolidated statements were fairly presented in all\nmaterial respects and audited in accordance with PCAOB standards. As alleged,\nthose financial statements were not prepared in conformity with U.S. GAAP or\nPCAOB requirements. Management meanwhile continued to promote its ambition of\nbecoming a \"Super mobility app\" without cautioning that share price movement\ndid not reflect Company fundamentals.\n\nRegulatory Trends in Micro-Cap Float and Audit Disclosure\n* Peer foreign micro-cap issuers identified in the action, including OST, JYD,\nand CLEU, listed with public floats often under 10%.\n* Reported revenue from mobility and quick commerce grew only from S$6,174,000\nin 2021 to S$6,602,000 in 2022, modest growth the action contrasts with the\nshare price surge.\n* The SEC announced a Cross-Border Task Force on September 5, 2025, expressly\nnaming auditors and underwriters as \"gatekeepers\" in pump-and-dump and\nramp-and-dump schemes.\n* Nasdaq's revised listing standards, approved by the SEC on December 18,\n2025, added a $15 million minimum public float requirement and a $25 million\nminimum offering proceeds threshold for China-based issuers.\n* The complaint names the Company's outside auditor and IPO underwriter as\ndefendants alongside the officers and directors who signed the filings.\nWhy Disclosure Adequacy Allegedly Matters to Investors\n\nRisk language about driver incentives and competition appeared in the filings.\nThe lawsuit asserts that what was missing was any disclosure of the irregular\ntrading and coordinated online promotion already visible before the September\n2024 collapse.\n\n”Investors deserve transparency about material risks that could affect their\ninvestments, including the risk that a company's own share structure makes it\na target for manipulation. The complaint alleges that Ryde's offering\ndocuments and annual report never warned shareholders that the trading\nenvironment surrounding the stock had become highly irregular.\" -- Joseph E.\nLevi, Esq.\n\nLearn more about the case\n(https://www.globenewswire.com/Tracker?data=0LhmMegHpVJwKtvqHTP3rdtEiwb3lVYM2CSp_Jok1mZ-cbgQsk-NZVB0dnQKDeRTpcOLLB3o-QcgMxUgz4nTeATt9jdFPUd2H2E8ZlRhn8ocaid6KH8CVXkxKiWssXkEHPZlvuPxRLQ_RSdMY5s3gb9piN1DhX9Zc4qaSlVf-DeQHx8hzEjxcHcBNawMhMho)\nor call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky\nLLP has established itself as a nationally-recognized securities litigation\nfirm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the RYDE Lawsuit\n\nQ: What is the RYDE lead plaintiff deadline? A: The deadline to apply for lead\nplaintiff appointment is November 9, 2026. This deadline applies only to\ninvestors seeking to serve as lead plaintiff. Class members who do not apply\nmay still participate in any recovery without taking action before this date.\n\nQ: What specific misstatements does the RYDE lawsuit allege? A: The complaint\nalleges Ryde Group Ltd made materially false or misleading statements\nregarding its financial statements and audit opinions, its compliance with\nU.S. GAAP and PCAOB standards, and the omission of market manipulation risks\ninherent in its low-float offering structure during the Class Period.\n\nQ: Who are the defendants named in the RYDE lawsuit? A: The complaint names\nRyde Group Ltd and individual defendants including senior executives who\nsigned SEC filings, made public statements, or certified financial\ndisclosures, as well as the Company's auditor and IPO underwriter.\n\nQ: What do RYDE investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nSubmit your information for a no-cost, no-obligation evaluation of your\npotential recovery\n(https://www.globenewswire.com/Tracker?data=OB0dS1wneLWV6oTrbpTTg9xnll8WKiGoxJM5KldQU1CYrlzkdZq3wb-rmYlShjjkShTiRXIwz4zjGI-1zvYm1nsZNluj-WVChBEOmfw-mfECI-CR4qzp0mkQajQEl_fMszfAKhukZVY56EJ2Fo40SyKyGkPg_EdXds_-IjsqCD6VkihYZQ82906iaTKBJFCJQRbdsqr4M6jpJxiEQ20VVsRiAUIis53NGKdICifIYKzx3MB2KDwwwNdaBbRf4z4MD6tY4BFEtB2Pcl-1oaqgmw==).\nNo immediate action is required to remain eligible as an absent class member.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my RYDE shares, can I still recover losses? A: Yes.\nEligibility is based on when you purchased, not whether you still hold the\nshares. Investors who bought during the Class Period and sold at a loss may\nstill be eligible to participate.\n\nQ: What does it cost me to participate? A: There is no upfront cost to submit\nyour information and review whether you may be eligible to recover. Should you\nchoose to participate in the securities class action, they are generally\nhandled on a contingency basis, with any attorneys' fees and expenses subject\nto court approval.\n\nQ: What if I live outside the United States? A: U.S. securities class actions\ngenerally cover purchases on U.S. exchanges regardless of the investor's\ncountry of residence.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@SueWallSt.com\n\nTel: (888) SueWallSt\n\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-29T14:28:00.155131173Z","server_sent_at_ms":1790692080155},"received_at":"2026-09-29T14:28:00.284Z","source_url":null},"analysis":{"id":"144417","press_release_id":"155696","analysis_json":{"redFlags":["pending securities class action alleging non-GAAP/non-PCAOB-compliant financials in IPO documents","alleged low-float structure vulnerable to manipulation; 75% share-price collapse in September 2024"],"eventType":"legal_litigation","narrative":"Levi & Korsinsky (SueWallSt) issued a shareholder alert reminding RYDE investors of the November 9, 2026 lead plaintiff deadline in a pending securities class action covering March 6, 2024 through September 11, 2024 purchases.\n\nThe complaint alleges misleading offering materials tied to the March 2024 IPO ($4.00 per share, $12M gross proceeds) and a subsequent 75% share-price collapse, with the auditor and IPO underwriter also named as defendants.\n\nThis release is law-firm solicitation, not new issuer disclosure; no certified class or settlement was announced.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm deadline reminder -- suppress."},"keyFigures":{"customDimensions":{"class_period":"March 6, 2024 through September 11, 2024","alleged_crash":"75% to $5.50 on September 11, 2024","gross_proceeds":"$12,000,000","ipo_price_per_share":"$4.00","underwriting_discount":"7.5%","lead_plaintiff_deadline":"November 9, 2026"}},"quotedText":"Investors deserve transparency about material risks that could affect their investments, including the risk that a company's own share structure makes it a target for manipulation.","namedEntities":{"people":[{"name":"Joseph E. Levi, Esq.","role":"attorney, Levi & Korsinsky LLP"}],"products":[],"companies":[{"name":"Ryde Group Ltd","ticker":"RYDE","relationship":"class action defendant / named issuer"},{"name":"Levi & Korsinsky LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$12,000,000","context":"gross proceeds of March 2024 offering"},{"amount":"$4.00","context":"price paid per share in March 2024 offering"},{"amount":"$5.50","context":"share price after alleged 75% crash on September 11, 2024"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation (Levi & Korsinsky / SueWallSt) reminding investors of the November 9, 2026 lead plaintiff deadline in an already-pending class action. No certified class, no settlement, and no new issuer disclosure."},"tickerRelevance":{"others":[],"primary":"RYDE"},"globalImportance":12,"audienceRelevance":8,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Levi & Korsinsky (SueWallSt) issued a shareholder alert reminding RYDE investors of the November 9, 2026 lead plaintiff deadline in a pending securities class action covering March 6, 2024 through September 11, 2024 purchases.\n\nThe complaint alleges misleading offering materials tied to the March 2024 IPO ($4.00 per share, $12M gross proceeds) and a subsequent 75% share-price collapse, with the auditor and IPO underwriter also named as defendants.\n\nThis release is law-firm solicitation, not new issuer disclosure; no certified class or settlement was announced.","key_figures":{"customDimensions":{"class_period":"March 6, 2024 through September 11, 2024","alleged_crash":"75% to $5.50 on September 11, 2024","gross_proceeds":"$12,000,000","ipo_price_per_share":"$4.00","underwriting_discount":"7.5%","lead_plaintiff_deadline":"November 9, 2026"}},"named_entities":{"people":[{"name":"Joseph E. Levi, Esq.","role":"attorney, Levi & Korsinsky LLP"}],"products":[],"companies":[{"name":"Ryde Group Ltd","ticker":"RYDE","relationship":"class action defendant / named issuer"},{"name":"Levi & Korsinsky LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$12,000,000","context":"gross proceeds of March 2024 offering"},{"amount":"$4.00","context":"price paid per share in March 2024 offering"},{"amount":"$5.50","context":"share price after alleged 75% crash on September 11, 2024"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T14:28:05.806Z","global_importance":12,"audience_relevance":8,"importance_components":{"tickerTier":"micro-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":5473,"modelName":"glm-5.3-flashx"}}