Marex Group plc(MRX)
Search documents
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]
Faruqi & Faruqi Reminds Marex Group Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 8, 2025 - MRX
Globenewswire· 2025-10-16 15:46
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Marex Group plc due to allegations of securities law violations, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by December 8, 2025 [4][6]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements and failed to disclose critical information, including the sale of over-the-counter financial instruments to itself and inconsistencies in financial statements [6]. - Specific allegations include a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures to hide losses and inflate profits, with examples such as a $17 million fabricated receivable and nearly $1 billion in concealed derivatives exposure [7]. - Following the release of a report by NINGI Research, Marex's stock experienced a significant drop of 6.2%, closing at $35.31 on heavy trading volume [8]. Group 2: Legal Proceedings and Investor Actions - Investors who purchased Marex securities between May 16, 2024, and August 5, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1][10]. - The role of lead plaintiff in the class action is designated to the investor with the largest financial interest who is typical of class members, with the option for any member to move the court to serve as lead plaintiff [9].
Marex Group Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuits Against Marex Group plc - MRX
Globenewswire· 2025-10-16 02:49
Core Viewpoint - Marex Group plc is facing a securities class action lawsuit for failing to disclose material information during the Class Period, which has led to significant allegations regarding its financial practices and disclosures [3][4]. Summary by Sections Lawsuit Details - Investors have until December 8, 2025, to file lead plaintiff applications in the class action lawsuit against Marex Group plc for securities purchased between May 16, 2024, and August 5, 2025 [1]. - The lawsuit is pending in the United States District Court for the Southern District of New York [1]. Allegations Against Marex - NINGI Research reported that Marex engaged in a multi-year accounting scheme involving opaque off-balance-sheet entities and fictitious transactions to conceal significant losses and inflate profits [4]. - Specific allegations include a $17 million receivable created without basis, a subsidiary's profit inflated by 150%, and a $14.9 million asset sold for $2.5 million shortly after, with no reported loss [4]. - The company is accused of concealing nearly $1 billion in off-balance-sheet derivatives exposure through a Luxembourg fund, misclassifying structured note issuance as income to inflate operating cash flow [4]. Market Reaction - Following the allegations, Marex's share price fell by $2.33, or 6.2%, closing at $35.31 on August 5, 2025, with unusually heavy trading volume [5].
MRX INVESTORS: Kirby McInerney LLP Reminds Marex Group PLC Investors of Important Deadline in Class Action Lawsuit
Businesswire· 2025-10-16 00:00
Core Points - Marex Group PLC is facing a securities fraud class action lawsuit due to reported losses suffered by investors [1] - Investors have until December 8, 2025, to request the Court to appoint them as lead plaintiff in the case [1] Company Information - The company involved is Marex Group PLC, which trades on NASDAQ under the ticker MRX [1] - The law firm Kirby McInerney LLP is representing the investors in this case [1]
Deadline Approaching: Marex Group PLC (MRX) Shareholders Who Lost Money Urged to Contact Law Offices of Howard G. Smith
Businesswire· 2025-10-15 18:57
Core Viewpoint - Marex Group PLC is facing a class action lawsuit due to allegations of accounting fraud and misleading financial disclosures, with a deadline for investors to file a lead plaintiff motion by December 8, 2025 [1][5]. Summary by Sections Allegations and Findings - A report by NINGI Research on August 5, 2025, accused Marex of engaging in a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures to hide losses and inflate profits [3]. - Specific allegations include a $17 million receivable created without basis, a subsidiary's profit inflated by 150% before liquidation, and a $14.9 million asset sold to Robinhood for only $2.5 million [3]. - The report also claimed Marex concealed nearly $1 billion in off-balance-sheet derivatives exposure through a Luxembourg fund, misclassifying structured note issuance as income to inflate cash flow [3]. Stock Market Reaction - Following the allegations, Marex's stock price dropped by $2.33, or 6.2%, closing at $35.31 per share on August 5, 2025, with unusually high trading volume [4]. Lawsuit Details - The class action lawsuit alleges that Marex made materially false and misleading statements and failed to disclose adverse facts about its business and operations during the class period from May 16, 2024, to August 5, 2025 [5]. - Key points of the lawsuit include the sale of over-the-counter financial instruments to itself, inconsistencies in financial statements, and the unreliability of Marex's financial disclosures [5]. Participation Information - Investors who purchased Marex securities during the class period can file a motion to be appointed as lead plaintiff by the deadline of December 8, 2025 [6].
MRX SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Prnewswire· 2025-10-15 14:44
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Marex Group plc due to allegations of securities law violations, with a deadline for investors to seek lead plaintiff status by December 8, 2025 [1][3]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements, including selling over-the-counter financial instruments to itself and inconsistencies in financial statements [3]. - A report from NINGI Research accused Marex of a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions, including a fabricated receivable of $17 million and nearly $1 billion in concealed derivatives exposure [4]. - Following the release of the report, Marex's stock experienced a significant drop of 6.2%, closing at $35.31 [5]. Group 2: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is adequate and typical of class members, with options for other members to participate or remain absent [6]. - Faruqi & Faruqi encourages anyone with information regarding Marex's conduct to come forward, including whistleblowers and former employees [6].