San Diego, California--(Newsfile Corp. - February 16, 2026) - The law firm of Morris Kandinov LLP announces that purchasers or acquirers of common stock of Ostin Technology Group Co., Ltd., Ltd. (NASDAQ: OST) (the "Company") between May 11, 2025 and June 26, 2025, both dates inclusive (the "Class Period"), have until April 17, 2026 to seek appointment as lead plaintiff in the pending class action lawsuit filed in the Southern District of New York and captioned Ilay Gordon, et al. v. Ostin Technology Group Co., Ltd, et al., Case No. 26-cv-1288 (the "OST Action"). The OST Action charges certain of the Company's officers and directors and the Company with, among other things, violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

The OST Action alleges, among other things, that the defendants, at least some of whom belong to a criminal syndicate, orchestrated a "pump-and-dump" scheme to defraud investors in OST. This scheme required the active cooperation of the Company's management and ultimately resulted in losses estimated to exceed $950 million.

The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired OST common stock during the Class Period to seek appointment as lead plaintiff of the putative class in the OST Action. Investors are not required to seek appointment as lead plaintiff in order to share in a future recovery obtained in the OST Action. As of the date of this release, the plaintiffs in the OST Action intend to apply to the court for appointment as lead plaintiffs as well as the appointment of Morris Kandinov LLP as lead counsel.

Attorney Advertising. Past results do not guarantee a similar outcome.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284083

Source: Morris Kandinov LLP