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 [3][5]. Summary by Sections Legal Investigation - Faruqi & Faruqi, LLP is a national securities law firm that has recovered hundreds of millions of dollars for investors since its inception in 1995 [4]. - The firm is encouraging investors who purchased Marex securities between May 16, 2024, and August 5, 2025, to discuss their legal rights [3][9]. Allegations Against Marex - The complaint against Marex alleges violations of federal securities laws, including making false or misleading statements and failing to disclose critical financial inconsistencies [5]. - Specific allegations include the sale of over-the-counter financial instruments to itself, inconsistencies in financial statements, and misleading positive statements about the company's operations and prospects [5]. NINGI Research Report - A report released by NINGI Research on August 5, 2025, accused Marex of a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions to hide losses and inflate profits [6]. - The report highlighted a fabricated receivable of $17 million, inflated subsidiary profits, and nearly $1 billion in concealed derivatives exposure [6]. Market Reaction - Following the release of the NINGI Research report, Marex's stock experienced a decline of 6.2%, closing at $35.31 with heavy trading volume [7].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group