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FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Businesswire· 2025-12-08 18:30
Core Viewpoint - Marex Group plc is facing a federal securities class action lawsuit due to allegations of making false and misleading statements, which has led to a significant drop in its stock price [1][4]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives violated federal securities laws by making false and/or misleading statements and failing to disclose critical information [2]. - Specific allegations include the sale of over-the-counter financial instruments to itself, inconsistencies in financial statements between subsidiaries and related parties, and the unreliability of Marex's financial statements [2]. - The lawsuit claims that positive statements made by the defendants regarding the Company's business and operations were materially misleading and lacked a reasonable basis [2]. Group 2: NINGI Research Report - On August 5, 2025, NINGI Research released a report accusing Marex of a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures [3]. - The report highlighted a fabricated receivable of $17 million, inflated subsidiary profits, and undervalued asset sales, along with nearly $1 billion in concealed derivatives exposure [3]. Group 3: 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 [4].
MRX SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that Marex Group Investors Have Opportunity to Lead Class Action Lawsuit
Newsfile· 2025-11-22 12:18
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 set for December 8, 2025 [3][8]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements, failing to disclose significant issues such as selling over-the-counter financial instruments to itself and inconsistencies in financial statements [6]. - A report by NINGI Research accused Marex of a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions, including a fabricated receivable of $17 million and nearly $1 billion in concealed derivatives exposure [7]. - Following the release of the report, Marex's stock experienced a significant decline of 6.2%, closing at $35.31 [9]. Group 2: Legal Proceedings and Investor Actions - Investors who purchased Marex securities between May 16, 2024, and August 5, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [2]. - The role of lead plaintiff in the class action lawsuit is designated for the investor with the largest financial interest, who will oversee the litigation on behalf of the class [10]. - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Marex's conduct [11].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Newsfile· 2025-11-16 12:49
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 federal class action by December 8, 2025 [2][5]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false or misleading statements and failed to disclose critical information, including the sale of over-the-counter financial instruments to itself and inconsistencies in financial statements [5]. - Specific allegations include a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures to hide losses and inflate profits, with examples such as a $17 million fabricated receivable and nearly $1 billion in concealed derivatives exposure [6]. - Following the release of a damaging report by NINGI Research, Marex's stock experienced a significant decline of 6.2%, closing at $35.31 [7]. Group 2: Legal Proceedings and Investor Actions - Investors who purchased Marex securities between May 16, 2024, and August 5, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1]. - The role of lead plaintiff in the class action is designated to the investor with the largest financial interest, who will oversee the litigation on behalf of the class [8]. - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Marex's conduct [9].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Newsfile· 2025-11-13 18:16
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 [2][5]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements and failed to disclose critical information, including the sale of over-the-counter financial instruments to itself and inconsistencies in financial statements [5]. - Specific allegations include a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures to hide losses and inflate profits, with examples such as a $17 million fabricated receivable and nearly $1 billion in concealed derivatives exposure [6]. Group 2: Market Reaction - Following the release of a report by NINGI Research on August 5, 2025, Marex's stock experienced a significant decline of 6.2%, closing at $35.31 on heavy trading volume [7]. Group 3: Legal Proceedings - The role of the lead plaintiff in the class action is designated for the investor with the largest financial interest who is also typical of class members, with the option for any member to move the court to serve as lead plaintiff [8]. - Faruqi & Faruqi encourages individuals with information regarding Marex's conduct to come forward, including whistleblowers and former employees [9].
MRX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Globenewswire· 2025-11-04 17:03
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 [4]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements and failed to disclose critical information, including the sale of over-the-counter financial instruments to itself and inconsistencies in financial statements [6]. - Specific allegations include a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures to hide losses and inflate profits, with examples such as a $17 million fabricated receivable and nearly $1 billion in concealed derivatives exposure [7]. - Following the release of a report by NINGI Research, Marex's stock dropped 6.2%, closing at $35.31 on heavy trading volume [8]. Group 2: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $10,000 in Marex between May 16, 2024, and August 5, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights [1]. - The role of lead plaintiff in the class action is designated to the investor with the largest financial interest who is typical of class members, with options for other members to either move to serve as lead plaintiff or remain absent [9]. - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Marex's conduct [10].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Globenewswire· 2025-10-30 15:23
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].
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Prnewswire· 2025-10-23 17:09
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 by December 8, 2025 [1][3]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements, including selling over-the-counter financial instruments to itself and inconsistencies in financial statements [3]. - A report from NINGI Research accused Marex of a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions, including a fabricated receivable of $17 million and nearly $1 billion in concealed derivatives exposure [4]. - Following the release of the report, Marex's stock experienced a decline of 6.2%, closing at $35.31 on heavy trading volume [5]. Group 2: Legal Proceedings and Investor Actions - The lead plaintiff in the class action lawsuit will be the investor with the largest financial interest who is adequate and typical of class members, and any member of the class may move to serve as lead plaintiff [6]. - Faruqi & Faruqi encourages individuals with information regarding Marex's conduct, including whistleblowers and former employees, to contact the firm [6].
Portnoy Law Firm Announces Class Action on Behalf of Marex Group plc. Investors
Globenewswire· 2025-10-16 16:52
Core Viewpoint - Marex Group plc is facing a class action lawsuit due to allegations of engaging in a multi-year accounting scheme that misled investors about its financial health and risk exposure [3]. Group 1: Legal Action - The Portnoy Law Firm is advising Marex Group plc investors to join a class action lawsuit for those who purchased securities between May 16, 2024, and August 5, 2025 [1]. - Investors have until December 8, 2025, to file a lead plaintiff motion [1]. - The law firm offers complimentary case evaluations and options for investors to recover losses [2]. Group 2: Financial Allegations - A report by NINGI Research claims that Marex has been involved in a deceptive accounting scheme, utilizing off-balance-sheet entities and fictitious transactions to hide losses and inflate profits [3]. - Following the release of this report, Marex's stock price dropped by $2.33, or 6.19%, closing at $35.31 per share on August 5, 2025 [3]. Group 3: Law Firm Background - The Portnoy Law Firm has a history of recovering over $5.5 billion for investors affected by corporate wrongdoing [4].
Faruqi & Faruqi Reminds Marex Group Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 8, 2025 - MRX
Globenewswire· 2025-10-16 15:46
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 [4][6]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements and failed to disclose critical information, including the sale of over-the-counter financial instruments to itself and inconsistencies in financial statements [6]. - Specific allegations include a multi-year accounting scheme involving off-balance-sheet entities, fictitious transactions, and misleading disclosures to hide losses and inflate profits, with examples such as a $17 million fabricated receivable and nearly $1 billion in concealed derivatives exposure [7]. - Following the release of a report by NINGI Research, Marex's stock experienced a significant drop of 6.2%, closing at $35.31 on heavy trading volume [8]. Group 2: Legal Proceedings and Investor Actions - Investors who purchased Marex securities between May 16, 2024, and August 5, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1][10]. - The role of lead plaintiff in the class action is designated to the investor with the largest financial interest who is typical of class members, with the option for any member to move the court to serve as lead plaintiff [9].
MRX SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Marex Group
Prnewswire· 2025-10-15 14:44
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 by December 8, 2025 [1][3]. Group 1: Allegations Against Marex - The complaint alleges that Marex and its executives made false and misleading statements, including selling over-the-counter financial instruments to itself and inconsistencies in financial statements [3]. - A report from NINGI Research accused Marex of a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions, including a fabricated receivable of $17 million and nearly $1 billion in concealed derivatives exposure [4]. - Following the release of the report, Marex's stock experienced a significant drop of 6.2%, closing at $35.31 [5]. Group 2: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is adequate and typical of class members, with options for other members to participate or remain absent [6]. - Faruqi & Faruqi encourages anyone with information regarding Marex's conduct to come forward, including whistleblowers and former employees [6].