benzinga29d ago
Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of ChowChow Cloud International Holdings Limited ("CHOW" or the "Company") (NYSE: CHOW) investors concerning the Company's possible violations of the federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON CHOWCHOW CLOUD INTERNATIONAL HOLDINGS LIMITED (CHOW), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.What Happened?On or around September 16, 2025, CHOW conducted its initial public offering ("IPO"), selling 2.6 million ordinary shares at $4.00 per share. Following the IPO, the Company experienced a surge in pricing activity and volume in the absence of any news concerning, or filings by the Company. However, the Company did not warn investors of the materialized risk that CHOW's ordinary shares were the subject of a market manipulation scheme designed to "pump and dump" the Company's shares and leave investors with staggering losses.On December 10, 2025, the scheme was revealed and trading of CHOW's stock was halted twice due to volatility from market manipulation. Investigation and public reports have revealed that impersonators acting as financial advisors ...Full story available on Benzinga.com