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ABACUS (ABL) ALERT: Bragar Eagel & Squire, P.C. Continues Investigating Abacus Global Management, Inc. on Behalf of Abacus Stockholders and Encourages Investors to Contact the Firm
Abacus LifeAbacus Life(US:ABL) GlobeNewswire News Roomยท2025-08-12 23:06

Core Viewpoint - Abacus Global Management, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices, following a significant drop in stock price after a critical report [1][2]. Group 1: Company Overview - Abacus Global Management, Inc. is a publicly traded company listed on NASDAQ under the ticker ABL [1]. - The company has been associated with a SPAC valued at $740 million [2]. Group 2: Legal Investigation - Bragar Eagel & Squire, P.C. is investigating claims on behalf of Abacus stockholders regarding possible legal violations [1]. - The investigation was prompted by a report from Morpheus Research that accused Abacus of engaging in accounting schemes to inflate revenue [2]. Group 3: Stock Performance - Following the publication of the critical report on June 4, 2025, Abacus's stock price experienced a decline of over 21% [2].