Pomerantz Law Firm Investigates Securities Claims Against Abacus Global Management, Inc.

Pomerantz Law Firm Investigates Securities Claims Against Abacus Global Management, Inc.



On June 12, 2025, Pomerantz LLP publicly announced that it is launching an investigation into potential misconduct by Abacus Global Management, Inc. (NASDAQ: ABL). This inquiry focuses on whether Abacus and its senior management may have engaged in securities fraud or other illegal business tactics that could significantly impact investor trust.

The firm encourages investors affected by these potential irregularities to reach out to Danielle Peyton via email at [email protected] or by phone at 646-581-9980, extension 7980, to discuss their options.

The investigation stems from concerns raised in a report by Morpheus Research, published on June 4, 2025. The report titled “Abacus Global Management: This $794 Million SPAC Is Yet Another Life Settlements Accounting Scheme Manufacturing Fake Revenue By Systematically Underestimating When People Will Die” presents serious allegations against Abacus. It suggests that the company altered its approach to portfolio valuation, leading to inflated profitability figures. Furthermore, the report points out that Abacus may be using dubious methods to arrive at life expectancy calculations, flagging historical issues associated with the co-founders.

In the wake of this alarming report, Abacus's stock experienced a drastic decline of $1.64 per share, translating to a 21.47% drop, closing at $6.00 on June 5, 2025. This significant price slump underscores the gravity of the situation and the financial concerns it raises for investors.

Pomerantz LLP is recognized as a distinguished leader in corporate, securities, and antitrust class action litigation. Established over eight decades ago by Abraham L. Pomerantz—often referred to as the dean of the class action bar—the firm has built a strong legacy fighting for the rights of individuals impacted by fraud and corporate misdeeds. To date, Pomerantz has secured numerous multimillion-dollar settlements for its clients, reinforcing its commitment to justice and accountability in corporate practices.

The firm’s focus in this matter highlights its ongoing dedication to protecting investor rights against potential securities fraud. By investigating claims related to Abacus Global Management, Pomerantz is positioning itself as an advocate for those who have suffered financial losses potentially linked to deceptive corporate behavior.

If you have invested in Abacus Global Management or suspect you might be affected by these developments, it is advised that you connect with Pomerantz LLP to better understand your legal options. This case exemplifies the importance of corporate transparency and the role that timely legal support can play in addressing complex securities issues.

For more information, or to report your experience as an investor, please contact Pomerantz LLP at the provided details. As this investigation unfolds, it remains crucial for investors to stay informed and engaged in protecting their financial interests.

Topics Financial Services & Investing)

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