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Marex Group (MRX) Faces Investor Scrutiny Amid Short Seller Accusations - Hagens Berman
Prnewswire· 2025-08-07 13:03
SAN FRANCISCO, Aug. 7, 2025 /PRNewswire/ -- On August 5, 2025, investors in Marex Group plc (NASDAQ: MRX) saw the price of their shares significantly decline in the wake of a critical short report accusing the company of engaging in an improper multi-year accounting scheme.The report has triggered national shareholders rights firm Hagens Berman to commence an investigation into whether Marex may have violated the securities laws. The firm urges Marex investors who suffered substantial losses to submit your ...
Marex Group (MRX) Faces Investor Scrutiny Amid Short Seller Accusations – Hagens Berman
GlobeNewswire News Room· 2025-08-06 16:09
SAN FRANCISCO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- On August 5, 2025, investors in Marex Group plc (NASDAQ: MRX) saw the price of their shares significantly decline in the wake of a critical short report accusing the company of engaging in an improper multi-year accounting scheme. The report has triggered national shareholders rights firm Hagens Berman to commence an investigation into whether Marex may have violated the securities laws. The firm urges Marex investors who suffered substantial losses to submit ...
Fluence Energy (FLNC) Faces Investor Scrutiny Over Accounting and Ongoing SEC Investigation, Securities Class Action Pending – Hagens Berman
GlobeNewswire News Room· 2025-03-28 17:38
Core Viewpoint - A securities class action lawsuit has been filed against Fluence Energy, Inc. for allegedly misleading investors regarding its financial performance and adherence to accounting standards during a specific class period [1][3]. Group 1: Lawsuit Details - The lawsuit, Abramov v. Fluence Energy, Inc., seeks to represent investors who purchased Fluence common stock between November 29, 2023, and February 10, 2025 [1][2]. - The lead plaintiff deadline for the lawsuit is set for May 12, 2025 [2]. Group 2: Financial Performance and Allegations - Fluence Energy reported a 49% year-over-year decline in quarterly revenue for Q1 2025, with net losses more than doubling [3]. - The company reduced its fiscal 2025 revenue projection by $600 million, attributing this to delayed contracts and ongoing SEC investigations into its financial practices [3][4]. - Following the poor financial announcement, Fluence shares dropped by $6.07, a 46% decrease, resulting in a loss of nearly $790 million in market capitalization in one day [4]. Group 3: Company Relationships and Investigations - The lawsuit highlights concerns regarding Fluence's relationships with Siemens and AES, its founding partners, and significant revenue sources [3][6]. - Siemens Energy has accused Fluence of fraud and engineering defects, suggesting that revenue growth and profit margins may have been artificially inflated as Siemens and AES prepared to divest [6].