Pomerantz Law Firm Investigates Possible Securities Fraud at Abacus Global Management, Inc.
Pomerantz Law Firm Takes Action Against Abacus Global Management, Inc.
Recently, Pomerantz LLP, a leading law firm based in New York, has taken the initiative to investigate possible claims from investors of Abacus Global Management, Inc. (NASDAQ: ABL). The firm encourages affected investors to reach out for assistance. The looming investigation comes in the wake of alarming allegations that point towards potential securities fraud within the company.
Background of the Case
On June 4, 2025, Morpheus Research published a critical report suggesting that Abacus had manipulated its financial reporting to create a false narrative about its profitability. The report referred to Abacus's methods of portfolio valuation, implying that they had been altered to present a more favorable financial picture than what the company's true performance would suggest.
The report raises major concerns regarding the methodologies employed by Abacus to estimate life expectancy for its business operations, which are crucial for the company's valuation, particularly in the life settlements sector. Historical data indicates potential
Topics Financial Services & Investing）
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