#USA #New York #Securities Fraud #Pomerantz LLP #Abacus Global

Pomerantz Law Firm Investigates Claims on Behalf of Investors of Abacus Global Management, Inc.

Pomerantz LLP, a reputable firm known for its work in corporate and securities class action litigation, has recently announced an investigation into claims involving Abacus Global Management, Inc. (NASDAQ: ABL). This investigation aims to explore allegations of securities fraud and illegal business practices linked to Abacus and its executives. Abacus investors are encouraged to reach out to Pomerantz for further details on their rights and potential actions.

Background of Abacus Global Management

Abacus Global Management operates in the finance and investment sector, primarily dealing with life settlements and SPAC (Special Purpose Acquisition Company) transactions. However, recent reports have raised serious questions regarding its financial practices. Notably, a June 2025 investigation from Morpheus Research detailed alarming claims against Abacus, suggesting the company had adopted misleading portfolio valuation methods that artificially inflated its profitability.

Details of the Investigation

The crux of the investigation focuses on whether Abacus, alongside certain company officers and directors, committed securities fraud or engaged in unethical business practices. According to the report from Morpheus Research, Abacus is alleged to have changed its methodology for portfolio valuation, ultimately portraying a more favorable financial position than reality. The report raises doubts about the accuracy of life expectancy calculations that are critical for the company’s operations, hinting at a systematic underestimation that could lead to misleading revenue figures.

Following these revelations, Abacus experienced a significant decrease in its stock price, plummeting from its previous standing. The stock saw a decline of $1.64 per share, representing a drop of 21.47% to close at $6.00 per share on June 5, 2025. This market response is indicative of the investor community's reaction to the unfolding developments surrounding the company's alleged discrepancies.

Pomerantz’s Role in the Investigation

Pomerantz LLP is recognized for specializing in complex class action lawsuits and has a history of successfully advocating for investors’ rights in cases of corporate fraud. Founded over 85 years ago by Abraham L. Pomerantz, the firm has been a pioneer in securities class actions and continues to be a leading force in protecting the interests of those affected by corporate misconduct.

Danielle Peyton, a representative from Pomerantz, is heading this investigation and urges affected investors to come forward. The firm has set up dedicated lines for those who wish to participate in the potential class action stemming from these allegations. Investors are advised to take the opportunity to discuss their concerns with legal professionals who can provide guidance on their next steps.

What’s Next for Abacus Investors?

As the Pomerantz investigation unfolds, current and former shareholders of Abacus Global Management are encouraged to remain vigilant and informed. Legal representation can significantly enhance the ability to reclaim losses incurred as a result of possible fraud. Investors should carefully assess their options and consider joining the class action to safeguard their interests.

For those impacted, direct communication with Pomerantz LLP can offer critical insights and support moving forward. The legal landscape around Abacus’s operations could change significantly as this investigation continues to uncover more information.

In summary, the investigation initiated by Pomerantz LLP against Abacus Global Management stands as a crucial step for investors seeking accountability in the face of potential corporate wrongdoing. This case serves as a reminder of the importance of transparency and ethical practices in the financial world.