Marex Group plc(MRX)
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Marex Group plc to acquire European fixed income market maker Valcourt SA
Globenewswire· 2025-10-22 11:00
Core Viewpoint - Marex Group plc has announced its agreement to acquire Valcourt SA, a fixed income market maker based in Geneva, Switzerland, which will enhance Marex's fixed income business and client base [1][2][3]. Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing liquidity, market access, and infrastructure services across energy, commodities, and financial markets [5]. - The Group operates in four main service areas: Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in metals, energy, and agricultural products [5]. - Marex has over 2,400 employees and more than 40 offices worldwide, serving a diverse range of clients including commodity producers, banks, hedge funds, and asset managers [5]. Acquisition Details - Valcourt specializes in fixed income instruments, including high-yield, subordinated, emerging markets, private, illiquid, and sustainable debt, and will add 700 clients to Marex's portfolio [2][3]. - The acquisition is expected to enhance Marex's distribution capabilities within the Swiss institutional community, particularly among private banks and wealth management firms [3]. - The deal is subject to regulatory approval and is anticipated to close in the first half of 2026 [3]. Strategic Implications - The acquisition aligns with Marex's strategy to diversify earnings by adding new clients and capabilities to its platform [3]. - Paolo Tonucci, CEO of Capital Markets at Marex, emphasized the importance of Valcourt's expertise and local knowledge in strengthening Marex's client relationships in Switzerland [4]. - Mike Conway, CEO of Valcourt, highlighted the opportunity for Valcourt clients to access Marex's extensive network and expertise, indicating a mutually beneficial partnership [4].
DEADLINE ALERT for FTNT, MOH, MRX: Law Offices of Howard G. Smith Reminds Shareholders of Opportunity to Lead Securities Fraud Class Actions
Globenewswire· 2025-10-21 17:09
Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, with specific deadlines for filing lead plaintiff motions [1] Group 1: Fortinet, Inc. (NASDAQ: FTNT) - Class period is from November 8, 2024, to August 6, 2025, with a lead plaintiff deadline of November 21, 2025 [2] - Allegations include false and misleading statements regarding the refresh cycle's profitability, lack of clarity on upgradeable FortiGate firewalls, and misrepresentation of the refresh momentum [2] Group 2: Molina Healthcare, Inc. (NYSE: MOH) - Class period is from February 5, 2025, to July 23, 2025, with a lead plaintiff deadline of December 2, 2025 [3] - Allegations include failure to disclose adverse facts about medical cost trend assumptions, dependency on low utilization of services for growth, and likely cuts to financial guidance for fiscal year 2025 [3] Group 3: Marex Group plc (NASDAQ: MRX) - Class period is from May 16, 2024, to August 5, 2025, with a lead plaintiff deadline of December 8, 2025 [4] - Allegations include selling over-the-counter financial instruments to itself, inconsistencies in financial statements, and unreliability of Marex's financial disclosures [4]
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Marex Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – MRX
Globenewswire· 2025-10-20 21:34
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Marex Group plc securities between May 16, 2024, and August 5, 2025, alleging misleading statements and financial inconsistencies [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Marex sold over-the-counter financial instruments to itself and had inconsistencies in financial statements between subsidiaries and related parties [5]. - It is alleged that Marex's financial statements could not be relied upon due to these issues, leading to materially misleading positive statements about the company's business and prospects [5]. - Investors are encouraged to join the class action and may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][3]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4]. - The firm has a history of significant recoveries for investors, including over $438 million in 2019 alone [4]. - Investors can join the class action by submitting a form or contacting the firm directly for more information [3][6].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Marex Group Plc of Class Action Lawsuit and Upcoming Deadlines – MRX
Globenewswire· 2025-10-20 17:11
Core Points - A class action lawsuit has been filed against Marex Group Plc for alleged securities fraud and unlawful business practices [2][4] - The lawsuit follows a report by NINGI Research that accused Marex of engaging in a multi-year accounting scheme to conceal losses and inflate profits [4] - Marex's stock price dropped by 6.19% to $35.31 per share following the release of the NINGI Research report [4] Summary by Sections Class Action Details - Investors are advised to contact Pomerantz LLP if they purchased Marex securities during the Class Period [1] - The deadline to apply as Lead Plaintiff is December 8, 2025 [2] Allegations Against Marex - NINGI Research's report claims Marex has used opaque off-balance-sheet entities and fictitious transactions to mislead investors [4] - The report suggests that Marex's financials are unreliable and that the company is a "financial house of cards" [4] Company Background - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, with a history of recovering significant damages for class members [5]
Lowey Dannenberg Notifies Marex Group PLC (“Marex” or the “Company”) (NASDAQ: MRX) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $50,000 in Losses to Contact the Firm
Globenewswire· 2025-10-20 14:52
Core Viewpoint - A class action lawsuit has been filed against Marex Group PLC for violations of federal securities laws, impacting investors who acquired Marex securities between May 16, 2024, and August 5, 2025 [1][2] Summary by Sections Lawsuit Details - The lawsuit alleges that Marex and certain officers made false or misleading statements and failed to disclose critical information during the Class Period [2] - Specific allegations include the sale of over-the-counter financial instruments to itself, inconsistencies in financial statements between subsidiaries and related parties, and the unreliability of Marex's financial statements [2] Impact on Investors - Following the revelation of the truth, Marex's common stock experienced a significant decline, resulting in financial losses for investors [3] - Investors who suffered losses exceeding $50,000 are encouraged to participate in the lawsuit, with a deadline to act as Lead Plaintiff set for December 8, 2025 [3] About the Law Firm - Lowey Dannenberg P.C. specializes in representing institutional and individual investors affected by corporate fraud and has a history of recovering billions for clients [4]
Marex Group PLC Stockholders with Large Losses are Encouraged to Contact Robbins LLP for Information About the Class Action Against MRX
Prnewswire· 2025-10-17 21:38
Core Viewpoint - Marex Group PLC is facing a class action lawsuit for allegedly misleading investors about its revenue projections and inflating its financial metrics through improper accounting practices [2][3]. Group 1: Company Overview - Marex Group PLC is a U.K.-based diversified global financial services platform listed on NASDAQ under the ticker MRX [1]. Group 2: Legal Allegations - The lawsuit claims that Marex Group failed to disclose that it improperly inflated its cash flow, revenues, assets, and profits in its Market Making segment through off-book intercompany transactions [3]. - As a result of these alleged actions, investors who sold short Marex Group securities during the class period have reportedly suffered significant losses [2][3]. Group 3: Class Action Details - The class period for the lawsuit is defined as August 14, 2024, to August 5, 2025 [2]. - Shareholders interested in serving as lead plaintiffs must submit their papers to the court by December 8, 2025 [4]. - Participation in the class action is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4].
Marex Group PLC (MRX) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-10-17 16:00
Core Viewpoint - The Law Offices of Howard G. Smith is announcing a securities fraud class action lawsuit against Marex Group plc, inviting investors who have suffered substantial losses to participate in the lawsuit [1][2]. Summary by Sections Lawsuit Details - The lawsuit alleges that between May 16, 2024, and August 5, 2025, Marex Group plc failed to disclose critical information to investors, including: 1. The Company sold over-the-counter financial instruments to itself 2. There were inconsistencies in financial statements between subsidiaries and related parties, particularly regarding intercompany receivables and loans 3. As a result, Marex's financial statements were unreliable 4. Consequently, the positive statements made by the defendants about the Company's business and prospects were materially misleading and lacked a reasonable basis [3]. Participation Information - Investors who wish to participate in the class action must contact the Law Offices of Howard G. Smith before December 8, 2025, which is the lead plaintiff deadline [2]. - Interested parties can reach out via email, phone, or visit the law firm's website for more information [4]. Class Action Membership - To be a member of the class action, no immediate action is required; investors may choose to retain counsel or remain absent from the action [5].
Marex Group (MRX) PT Cut to $40 by Barclays Ahead of Q3 2025 Earnings
Yahoo Finance· 2025-10-17 13:27
Group 1 - Marex Group (NASDAQ:MRX) is recognized as a promising young stock with significant upside potential [1] - Barclays analyst Benjamin Budish has reduced the price target for Marex Group from $50 to $40 while maintaining an Overweight rating ahead of the Q3 2025 earnings report [1][2] - The trading volumes across futures have increased sequentially despite lower volatility, and there has been strong growth in options trading activity [2] Group 2 - Marex Group operates as a financial services platform provider, offering liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets both in the UK and internationally [3]
Portnoy Law Firm Announces Class Action on Behalf of Marex Group plc. Investors
Globenewswire· 2025-10-16 16:52
Core Viewpoint - Marex Group plc is facing a class action lawsuit due to allegations of engaging in a multi-year accounting scheme that misled investors about its financial health and risk exposure [3]. Group 1: Legal Action - The Portnoy Law Firm is advising Marex Group plc investors to join a class action lawsuit for those who purchased securities between May 16, 2024, and August 5, 2025 [1]. - Investors have until December 8, 2025, to file a lead plaintiff motion [1]. - The law firm offers complimentary case evaluations and options for investors to recover losses [2]. Group 2: Financial Allegations - A report by NINGI Research claims that Marex has been involved in a deceptive accounting scheme, utilizing off-balance-sheet entities and fictitious transactions to hide losses and inflate profits [3]. - Following the release of this report, Marex's stock price dropped by $2.33, or 6.19%, closing at $35.31 per share on August 5, 2025 [3]. Group 3: Law Firm Background - The Portnoy Law Firm has a history of recovering over $5.5 billion for investors affected by corporate wrongdoing [4].
DEADLINE ALERT for RICK, FTNT, MOH, and MRX: The Law Offices of Frank R. Cruz Reminds Shareholders of Securities Fraud Class Actions
Globenewswire· 2025-10-16 16:06
Core Points - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, with specific deadlines for filing lead plaintiff motions [1] RCI Hospitality Holdings, Inc. (NASDAQ: RICK) - Class period is from December 15, 2021, to September 16, 2025, with a lead plaintiff deadline of November 20, 2025 [2] - Allegations include materially false and misleading statements regarding tax fraud and bribery, which understated the legal risks and misled investors about the company's business prospects [2] Fortinet, Inc. (NASDAQ: FTNT) - Class period is from November 8, 2024, to August 6, 2025, with a lead plaintiff deadline of November 21, 2025 [3] - Allegations include misleading statements about the refresh cycle of products and the true number of upgradable firewalls, leading to materially misleading representations about the company's operations and prospects [3] Molina Healthcare, Inc. (NYSE: MOH) - Class period is from February 5, 2025, to July 23, 2025, with a lead plaintiff deadline of December 2, 2025 [4] - Allegations include failure to disclose adverse facts regarding medical cost trend assumptions and the company's financial guidance, which were materially misleading to investors [4] Marex Group plc (NASDAQ: MRX) - Class period is from May 16, 2024, to August 5, 2025, with a lead plaintiff deadline of December 8, 2025 [5] - Allegations include selling over-the-counter financial instruments to itself and inconsistencies in financial statements, leading to materially misleading representations about the company's business and operations [6]