Ryde Group Confronts Fraud Lawsuits Following Sudden Stock Collapse

Singapore, Saturday, 19 September 2026.
Singapore mobility platform Ryde Group released its fiscal year 2025 report in September 2026 amid mounting litigation. The firm faces a Cayman Islands shareholder petition and a U.S. class-action lawsuit alleging a fraud scheme that artificially boosted stock prices to $22.49 before a 75% crash.