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News  ›  GlobeNewswire Inc.

Deadline Alert: Marex Group PLC (MRX) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Glancy Prongay & Murray Llp
Deadline Alert: Marex Group PLC (MRX) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

NINGI Research published a report alleging Marex Group engaged in accounting fraud, including fictitious transactions and misleading financial disclosures, which caused the company's stock to drop 6.2%.

Insights
WFCpC   neutral

Analyst downgraded price target for Everest Group from $383 to $343, maintaining an 'equal weight' recommendation


MRX   negative

Accused of multi-year accounting fraud involving fictitious transactions, inflated profits, concealed losses, and misleading financial statements, which resulted in stock price decline and potential legal action