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Bronstein, Gewirtz & Grossman LLC Urges iTonic Holdings Ltd. f/k/a Pheton Holdings Ltd. Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc. | Sep 1, 2026 12:00 PM EDT

A class action lawsuit has been filed against iTonic Holdings Ltd. (formerly Pheton Holdings Ltd.) alleging that the company made materially false statements and failed to disclose a market manipulation scheme involving social media misinformation and fraudulent trading activity. The lawsuit covers investors who purchased shares between September 5, 2024 and July 29, 2025. The lead plaintiff deadline is September 29, 2026.

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