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News  ›  GlobeNewswire Inc.

Portnoy Law Firm Announces Class Action on Behalf of Marex Group plc. Investors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Lesley F. Portnoy
Portnoy Law Firm Announces Class Action on Behalf of Marex Group plc. Investors

The Portnoy Law Firm announced a class action lawsuit against Marex Group plc, alleging accounting misconduct after NINGI Research published a critical report suggesting financial irregularities, causing the stock to drop 6.19%.

Insights
JNJ   neutral

Original manufacturer of Simponi®, mentioned as trademark owner with no direct action in this announcement


MRX   negative

NINGI Research accused the company of engaging in a multi-year accounting scheme involving fictitious transactions, misleading disclosures, and concealing significant losses, which led to a stock price decline and potential legal action