{"success":true,"data":{"pressRelease":{"id":"7279","rtpr_id":"nPn4dbynRa","ticker":"MAGH","exchange":"NASDAQ","all_tickers":["MAGH"],"title":"Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Magnitude International Ltd (NASDAQ: MAGH)","author":"PR Newswire","published_at":"2026-04-23T16:57:00.027Z","article_body":"Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Magnitude International Ltd (NASDAQ: MAGH)\n\nPR Newswire\n\nNEW YORK, April 23, 2026\n\nNEW YORK, April 23, 2026 /PRNewswire/ -- Wolf Haldenstein Adler Freeman &\nHerz LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=3816350701&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=Wolf%C2%A0Haldenstein+Adler+Freeman+%26+Herz+LLP)\nannounces an investigation of potential securities claims on behalf of\nshareholders of Magnitude International Ltd (NASDAQ: MAGH) (the \"Company\" or\n\"Magnitude\").\n\n(https://mma.prnewswire.com/media/1064977/Wolf_Haldenstein_Adler_Freeman_Logo.html)\n\nThe investigation concerns whether Magnitude and certain officers and/or\ndirectors have engaged in securities fraud or other unlawful business\npractices.\n\nIf you purchased shares of Magnitude and suffered losses, you may call Gregory\nStone at (800) 575-0735 or (212) 545-4774, email to gstone@whafh.com\n(mailto:gstone@whafh.com) or fill out this form\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=1869322851&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=form)\n.\n\nPLEASE CLICK HERE TO FILL OUT CONTACT FORM\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=2208783295&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=PLEASE+CLICK+HERE+TO+FILL+OUT+CONTACT+FORM)\n\nMagnitude International Ltd operates as a holding company. The Company,\nthrough its subsidiaries, provides electrical installation, planning, design,\nmaterial selection, testing, commissioning, and certification services.\nMagnitude International serves residential customers in Singapore.\n\nMagnitude filed its Initial Public Offering (\"IPO\") on August 11, 2025,\nissuing 2.2 million shares at $4.00 per share. The Lead Underwriter was\nBancroft Capital\n\nOn December 19, 2025, The Nasdaq Stock Market announced that trading was\nhalted in Magnitude pending additional information requested from the company.\nPreviously, the Securities and Exchange Commission (\"SEC\") effected a trading\nsuspension in Magnitude on December 5, 2025. The last sale price of the listed\nshares was $6.76 per share.\n\nTrading has remained halted since December 4, 2025.\n\nWolf Haldenstein Adler Freeman & Herz LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=938833807&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=Wolf+Haldenstein+Adler+Freeman+%26+Herz+LLP+)\nhas extensive experience in the prosecution of securities class actions and\nderivative litigation in state and federal trial and appellate courts across\nthe country. The firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=3947366326&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=firm)\nhas attorneys in various practice areas; and offices in New York, Chicago,\nNashville, and San Diego. The reputation and expertise of this firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=3947366326&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=firm)\nin shareholder and other class litigation has been repeatedly recognized by\nthe courts, which have appointed it to major positions in complex securities\nmulti-district and consolidated litigation.\n\nIf you wish to discuss this investigation or have any questions regarding your\nrights and interests in this matter, please immediately contact Wolf\nHaldenstein (mailto:gstone@whafh.com) by telephone at (800) 575-0735, via\ne-mail at classmember@whafh.com (mailto:classmember@whafh.com) , or visit our\nwebsite at www.whafh.com.\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=3690240486&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=www.whafh.com.+)\n\nContact:\nWolf Haldenstein Adler Freeman & Herz LLP\nGregory Stone, Director of Case and Financial Analysis\nEmail: gstone@whafh.com (mailto:gstone@whafh.com) or classmember@whafh.com\n(mailto:classmember@whafh.com)\nTel: (800) 575-0735 or (212) 545-4774\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/wolf-haldenstein-adler-freeman--herz-llp-is-investigating-potential-securities-fraud-claims-on-behalf-of-the-shareholders-of-magnitude-international-ltd-nasdaq-magh-302752031.html\n(https://www.prnewswire.com/news-releases/wolf-haldenstein-adler-freeman--herz-llp-is-investigating-potential-securities-fraud-claims-on-behalf-of-the-shareholders-of-magnitude-international-ltd-nasdaq-magh-302752031.html)\n\nSOURCE Wolf Haldenstein Adler Freeman & Herz LLP\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/1064977/Wolf_Haldenstein_Adler_Freeman_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn4dbynRa","title":"Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Magnitude International Ltd (NASDAQ: MAGH)","author":"PR Newswire","ticker":"MAGH","created":"2026-04-23T16:57:00.027Z","tickers":["MAGH"],"exchange":"NASDAQ","article_body":"Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on behalf of the shareholders of Magnitude International Ltd (NASDAQ: MAGH)\n\nPR Newswire\n\nNEW YORK, April 23, 2026\n\nNEW YORK, April 23, 2026 /PRNewswire/ -- Wolf Haldenstein Adler Freeman &\nHerz LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=3816350701&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=Wolf%C2%A0Haldenstein+Adler+Freeman+%26+Herz+LLP)\nannounces an investigation of potential securities claims on behalf of\nshareholders of Magnitude International Ltd (NASDAQ: MAGH) (the \"Company\" or\n\"Magnitude\").\n\n(https://mma.prnewswire.com/media/1064977/Wolf_Haldenstein_Adler_Freeman_Logo.html)\n\nThe investigation concerns whether Magnitude and certain officers and/or\ndirectors have engaged in securities fraud or other unlawful business\npractices.\n\nIf you purchased shares of Magnitude and suffered losses, you may call Gregory\nStone at (800) 575-0735 or (212) 545-4774, email to gstone@whafh.com\n(mailto:gstone@whafh.com) or fill out this form\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=1869322851&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=form)\n.\n\nPLEASE CLICK HERE TO FILL OUT CONTACT FORM\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=2208783295&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=PLEASE+CLICK+HERE+TO+FILL+OUT+CONTACT+FORM)\n\nMagnitude International Ltd operates as a holding company. The Company,\nthrough its subsidiaries, provides electrical installation, planning, design,\nmaterial selection, testing, commissioning, and certification services.\nMagnitude International serves residential customers in Singapore.\n\nMagnitude filed its Initial Public Offering (\"IPO\") on August 11, 2025,\nissuing 2.2 million shares at $4.00 per share. The Lead Underwriter was\nBancroft Capital\n\nOn December 19, 2025, The Nasdaq Stock Market announced that trading was\nhalted in Magnitude pending additional information requested from the company.\nPreviously, the Securities and Exchange Commission (\"SEC\") effected a trading\nsuspension in Magnitude on December 5, 2025. The last sale price of the listed\nshares was $6.76 per share.\n\nTrading has remained halted since December 4, 2025.\n\nWolf Haldenstein Adler Freeman & Herz LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=938833807&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=Wolf+Haldenstein+Adler+Freeman+%26+Herz+LLP+)\nhas extensive experience in the prosecution of securities class actions and\nderivative litigation in state and federal trial and appellate courts across\nthe country. The firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=3947366326&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=firm)\nhas attorneys in various practice areas; and offices in New York, Chicago,\nNashville, and San Diego. The reputation and expertise of this firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=3947366326&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=firm)\nin shareholder and other class litigation has been repeatedly recognized by\nthe courts, which have appointed it to major positions in complex securities\nmulti-district and consolidated litigation.\n\nIf you wish to discuss this investigation or have any questions regarding your\nrights and interests in this matter, please immediately contact Wolf\nHaldenstein (mailto:gstone@whafh.com) by telephone at (800) 575-0735, via\ne-mail at classmember@whafh.com (mailto:classmember@whafh.com) , or visit our\nwebsite at www.whafh.com.\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4671970-1&h=3690240486&u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fmagnitude-international-ltd-nasdaq-magh%2F&a=www.whafh.com.+)\n\nContact:\nWolf Haldenstein Adler Freeman & Herz LLP\nGregory Stone, Director of Case and Financial Analysis\nEmail: gstone@whafh.com (mailto:gstone@whafh.com) or classmember@whafh.com\n(mailto:classmember@whafh.com)\nTel: (800) 575-0735 or (212) 545-4774\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and ethical rules.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/wolf-haldenstein-adler-freeman--herz-llp-is-investigating-potential-securities-fraud-claims-on-behalf-of-the-shareholders-of-magnitude-international-ltd-nasdaq-magh-302752031.html\n(https://www.prnewswire.com/news-releases/wolf-haldenstein-adler-freeman--herz-llp-is-investigating-potential-securities-fraud-claims-on-behalf-of-the-shareholders-of-magnitude-international-ltd-nasdaq-magh-302752031.html)\n\nSOURCE Wolf Haldenstein Adler Freeman & Herz LLP\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/1064977/Wolf_Haldenstein_Adler_Freeman_Logo.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-04-23T16:57:00.093796121Z","server_sent_at_ms":1776963420093},"received_at":"2026-04-23T16:57:00.147Z","source_url":null},"analysis":{"id":"5459","press_release_id":"7279","analysis_json":{"industry":{"label":"Commercial & Professional Services","sector":"Industrials"},"redFlags":["SEC trading suspension in effect","Trading halted since December 4, 2025","Securities fraud investigation"],"eventType":"legal_litigation","narrative":"Wolf Haldenstein Adler Freeman & Herz LLP is investigating Magnitude International for potential securities fraud and other unlawful business practices.\n\nThe investigation follows SEC trading suspensions in December 2025 and a subsequent halt that has left shares frozen at a last sale price of $6.76.\n\nMagnitude, which provides electrical installation services in Singapore, went public in August 2025 at $4.00 per share.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Fraud probe launched into Magnitude as trading remains halted following SEC suspension."},"keyFigures":{"offeringPrice":"$4.00","sharesOffered":"2.2 million"},"quotedText":"The investigation concerns whether Magnitude and certain officers and/or directors have engaged in securities fraud or other unlawful business practices.","namedEntities":{"people":[{"name":"Gregory Stone","role":"Director of Case and Financial Analysis"}],"products":[],"companies":[{"name":"Magnitude International Ltd","ticker":"MAGH"},{"name":"Wolf Haldenstein Adler Freeman & Herz LLP","relationship":"counsel"},{"name":"Bancroft Capital","relationship":"underwriter"},{"name":"Securities and Exchange Commission","relationship":"regulator"},{"name":"The Nasdaq Stock Market","relationship":"exchange"}],"dollarAmounts":[{"amount":"$4.00","context":"IPO price per share"},{"amount":"$6.76","context":"last sale price"}]},"materialImpact":{"score":4,"reasoning":"Securities fraud investigation launched by a national law firm amid ongoing SEC trading suspension and trading halt; these are significant legal and regulatory events."},"tickerRelevance":{"others":[],"primary":"MAGH"},"eventTypeSecondary":["regulatory"]},"event_type":"legal_litigation","event_type_secondary":["regulatory"],"sentiment":"bearish","material_impact_score":4,"narrative":"Wolf Haldenstein Adler Freeman & Herz LLP is investigating Magnitude International for potential securities fraud and other unlawful business practices.\n\nThe investigation follows SEC trading suspensions in December 2025 and a subsequent halt that has left shares frozen at a last sale price of $6.76.\n\nMagnitude, which provides electrical installation services in Singapore, went public in August 2025 at $4.00 per share.","key_figures":{"offeringPrice":"$4.00","sharesOffered":"2.2 million"},"named_entities":{"people":[{"name":"Gregory Stone","role":"Director of Case and Financial Analysis"}],"products":[],"companies":[{"name":"Magnitude International Ltd","ticker":"MAGH"},{"name":"Wolf Haldenstein Adler Freeman & Herz LLP","relationship":"counsel"},{"name":"Bancroft Capital","relationship":"underwriter"},{"name":"Securities and Exchange Commission","relationship":"regulator"},{"name":"The Nasdaq Stock Market","relationship":"exchange"}],"dollarAmounts":[{"amount":"$4.00","context":"IPO price per share"},{"amount":"$6.76","context":"last sale price"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-23T22:40:14.212Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:55.076Z"}},"durationMs":64353,"modelName":"glm-4.7"}}