TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

Charming Medical Limited Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - MCTA

Benzinga Logo Benzinga By Prnewswire
Charming Medical Limited Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - MCTA

The DJS Law Group announced a class action lawsuit against Charming Medical Limited (NASDAQ: MCTA) for securities law violations. The SEC suspended trading of MCTA shares following an investigation into an alleged scheme to artificially boost the company's share price through social media promotion by financial advisors. The class period covers October 21, 2025 to November 12, 2025, with a deadline of February 17, 2026 for shareholders to join the lawsuit.

Insights
INOD   positive

Provides critical AI data preparation services for major tech companies, with expected revenue and earnings growth of 22% and 13% CAGR from 2024 to 2027


MCTA   negative

The company faces a class action lawsuit for securities violations, SEC trading suspension, and allegations of fraudulent share price manipulation through coordinated social media promotion. These serious regulatory and legal issues pose significant risks to shareholders and the company's reputation.