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SHAREHOLDER ALERT: Investigation of Baldwin Insurance Inc. (BYRN) Announced by Johnson Fistel
Byrna Technologies Byrna Technologies (US:BYRN) GlobeNewswire News Roomยท2024-10-30 14:22

Core Viewpoint - Johnson Fistel, LLP is investigating The Baldwin Insurance Group, Inc. for potential violations of securities laws related to misrepresentation and failure to disclose adverse information to investors following a report from Blue Orca questioning Baldwin's financial reporting practices [1] Group 1 - Baldwin is accused of engaging in questionable financial engineering to obscure costs from its income statement and inflate adjusted EBITDA and operating cash flow [1] - The investigation is open to individuals who purchased Baldwin securities and suffered losses, inviting them to join the investigation [1] Group 2 - Individuals with relevant nonpublic information are encouraged to assist the investigation or consider the SEC Whistleblower program, which may offer rewards for original information leading to successful recovery [2]