Abacus Global Management investigated for alleged accounting schemes, revenue manipulation.

• Abacus Global Management under investigation for potential securities fraud • Morpheus Research report alleges accounting scheme and fake revenue • Report claims Abacus uses questionable life expectancy calculations • Investors advised to contact Pomerantz LLP for information on joining class action

Abacus Global Management, Inc. (NASDAQ: ABL), a life settlements company, is currently under investigation by Pomerantz LLP for potential securities fraud. The law firm, known for its expertise in corporate, securities, and antitrust class litigation, is investigating claims on behalf of investors who may have been affected by the company's business practices.

The investigation follows a report published by Morpheus Research on June 4, 2025, which alleged that Abacus Global Management engaged in an accounting scheme to make the company appear more profitable than it actually was. The report claimed that Abacus systematically underestimated life expectancy estimates to inflate its revenue. Additionally, historical "red flags" associated with the company's co-founders were highlighted.

On June 5, 2025, Abacus's stock price fell by $1.64 per share, or 21.47%, to close at $6.00 per share, following the release of the Morpheus Research report.

Investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980, to learn more about the investigation and potential class action lawsuit. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, has a history of recovering multimillion-dollar damages awards on behalf of class members.

The investigation by Pomerantz LLP is a significant development for Abacus Global Management and its investors. As the firm continues to evaluate the company's practices, investors should stay informed and consider seeking legal advice if they believe they have been affected.

References:
[1] https://www.morningstar.com/news/pr-newswire/20250731dc39813/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-abacus-global-management-inc-abl
[2] https://www.marketscreener.com/news/fortrea-holdings-inc-ftre-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-laws-ce7c5fddde88f621
[3] https://www.marketscreener.com/news/pomerantz-law-firm-reminds-investors-with-losses-on-their-investment-in-reckitt-benckiser-group-plc-ce7c5fdddc8bf123