Globenewswire·2025-12-09 23:13Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against ALT5 Sigma Corp for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether ALT5 has engaged in unlawful activities that may have led to financial losses for investors [1][2]. - Investors who have suffered losses and wish to discuss their legal rights are encouraged to contact the law firm [3]. Company Developments - On August 29, 2025, ALT5 disclosed that its subsidiary was found criminally liable for illicit enrichment and money laundering, leading to a significant drop in share price by approximately 29.2% [6]. - Following the suspension of CEO Peter Tassiopoulos on October 22, 2025, the share price fell by about 8.8% [6]. - ALT5 announced delays in filing its quarterly report due to ongoing reviews and issues with its outside auditor [6]. - The company terminated CFO and acting CEO Jonathan Hugh on November 26, 2025, and the Audit Committee Chair resigned from the board [6]. - On November 28, 2025, ALT5's outside auditor resigned on the same day as the CFO's termination [6].