#USA #New York #Pomerantz #Abl #Abacus

Pomerantz Law Firm Investigates Abacus Global Management, Inc.

In a recent announcement, the Pomerantz Law Firm has initiated an investigation focused on potential claims from investors of Abacus Global Management, Inc. (NASDAQ: ABL). This follows reports suggesting possible misconduct by the company and its executives.

Investors who have concerns about their investment in Abacus are encouraged to reach out to Danielle Peyton at [email protected] or by calling 646-581-9980, extension 7980. The investigation raises questions about whether Abacus and its management may have engaged in securities fraud or unethical business practices.

On June 4, 2025, Morpheus Research published a 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." The report claims that Abacus altered its portfolio valuation methods in a way that inflated its profitability metrics, presenting a misleading financial picture to the investors and market.

Investigators highlighted that the company's life expectancy assessments, a critical component of their business model, are built on questionable methodologies. This raises significant red flags, especially considering the warnings associated with Abacus's co-founders in the past.

On the heels of this report, Abacus's stock price plummeted by $1.64 per share, a staggering 21.47% decrease, closing at $6.00 per share the following day (June 5, 2025). This sharp decline has triggered a wave of concern among shareholders, leading to the need for an in-depth exploration of Abacus's financial practices.

Pomerantz LLP, known for its expertise in corporate class action litigation, stands at the forefront of such investigations. Founded by the esteemed Abraham L. Pomerantz—often referred to as the dean of the class action bar—the firm has a longstanding history of advocating for the rights of investors affected by securities fraud and similar misconduct. Over the span of more than 85 years, they have recovered substantial damages for their clients, solidifying their reputation as leaders in the field.

The firm reminds affected investors that their prior results do not guarantee identical outcomes but reflects their commitment to holding corporations accountable for wrongdoings. For more information on joining the class action suit or understanding one's rights as an investor, they can visit Pomerantz's website at www.pomlaw.com.

As this investigation unfolds, it paints a troubling picture for Abacus Global Management and its stakeholders, highlighting the essential need for transparency and ethical practices in corporate governance. Furthermore, it serves as a pivotal moment for investors to scrutinize their portfolios proactively and to seek legal advice if they suspect malfeasance from the companies they support.

For any inquiries regarding the ongoing investigation or participation in the class action, potential claimants are urged to contact Pomerantz LLP promptly. The firm’s focus remains firmly on protecting investor interests by pursuing all available legal remedies.

In light of these developments, the situation at Abacus underscores the importance of vigilance among investors, particularly in a market that continually evolves amid growing complexities and scrutiny. Investors are reminded to research thoroughly and stay informed about the companies they choose to invest in, as unforeseen circumstances can dramatically impact stock performance and overall investment viability.