Temu Parent Faces Investor Suit Over Security, Labor Claims

By Sydney Price (August 14, 2024, 10:21 PM EDT) -- Chinese retail company PDD Holdings Inc., the owner of online merchandiser Temu, was hit with a proposed securities class action in New York federal court alleging it concealed from investors that it actively sought to put malware on its users' phones and sold goods that were likely made by forced labor....

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