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News  ›  GlobeNewswire Inc.

ALT5 Investor Alert: Hagens Berman Scrutinizing ALT5 Sigma (ALTS) Over Potential Disclosure Violations

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Reed Kathrein
ALT5 Investor Alert: Hagens Berman Scrutinizing ALT5 Sigma (ALTS) Over Potential Disclosure Violations

Hagens Berman is investigating ALT5 Sigma for potential financial reporting violations, including delayed disclosures about auditor resignation, CEO suspension, and a subsidiary's criminal judgment for money laundering.

Insights
ALTS   negative

Stock dropped 80%, CEO and CFO terminated, Nasdaq non-compliance notice issued, potential financial misstatements, subsidiary convicted of money laundering, auditor resigned, suggesting severe governance and financial reporting failures