Any bad news regarding legacy education and kspi?
10/29/2024 04:02am
Here is some bad news regarding Legacy Education and KSPI:
1. **Legacy Education**: There is no recent negative news or investigations related to Legacy Education Inc. (NASDAQ:LGCY). In fact, there have been some positive developments, such as insider purchases and strategic acquisitions. However, it's important to note that the stock market is subject to volatility and can experience declines regardless of company performance.
2. **KSPI**: There has been significant negative news surrounding KSPI (Joint Stock Company Kaspi.kz), primarily related to allegations of misleading business information and potential securities fraud. Culper Research, a firm known for short-selling activities, has accused KSPI of deceiving investors about its exposure to Russia and having ties to Russian partners and individuals with questionable backgrounds. These allegations have led to a significant drop in KSPI's stock price and an ongoing investigation by law firms such as Rosen Law Firm and Pomerantz LLP. The situation highlights concerns over transparency and corporate governance at KSPI.