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

Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against iTonic Holdings Ltd. (NASDAQ: ITOC; previously PTHL) and its officers, alleging violations of federal securities laws. The lawsuit claims that iTonic made materially false and misleading statements and failed to disclose a market manipulation and fraudulent promotion scheme. Investors who purchased iTonic Class A ordinary shares between September 5, 2024, and July 29, 2025, are encouraged to join the case, with a lead plaintiff deadline of September 29, 2026.