Securities Lawsuit Alert: Megan Holdings Limited (MGN) Investors - Contact Levi & Korsinsky Before September 8, 2026

NEW YORK CITY, NY / ACCESS Newswire / July 13, 2026 / Levi & Korsinsky, LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Megan Holdings Limited (NASDAQ:MGN) securities.

If you suffered a loss on your Megan investment and would like to explore a potential recovery under the federal securities laws, Learn about Megan Class Action or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

THE LAWSUIT: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Megan: (a) securities pursuant and/or traceable to the registration statement and related prospectus in connection with Megan's initial public offering, which occurred on or around September 26, 2025; and/or (b) securities between September 26, 2025, and March 25, 2026, inclusive.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Megan was the subject of a market manipulation and fraudulent promotion scheme involving social-media based misinformation and impersonators posing as financial professionals; (2) Megan's public statements and risk disclosures omitted any mention of the realized risk of fraudulent trading or market manipulation used to drive the Company's stock price; (3) as a result, Megan securities were at unique risk of a sustained suspension in trading by NASDAQ and severe volatility-induced decline; (4) the sole underwriter on the IPO, DBC, had conducted numerous microcap IPOs that suffered volatility-induced declines resulting from market manipulation schemes; (5) the Company suffered from material weaknesses in its internal accounting and financial reporting controls; and (6) as a result of the foregoing, defendants' positive statements about the Company's business, operations and prospects were materially misleading and/or lacked a reasonable basis.

WHAT'S NEXT? If you purchased Megan stock during the relevant time frame - even if you still hold your shares, learn about your rights to seek a recovery. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

[email protected]

Tel: (212)363-7500

Fax: (212) 363-7171

SOURCE: Levi & Korsinsky, LLP