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Swim Training Co.'s IPO Was Pump-And-Dump, Suit Says

By Sydney Price ( April 20, 2026, 8:05 PM EDT) -- Singapore swim-school operator Fitness Champs Holdings Ltd. was hit with a proposed class action accusing it of concealing a social media-driven "pump-and-dump" scheme in which stock promoters posed as financial advisers to hype the stock through online forums, destroying the company's market capitalization after the shares were dumped....

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