1. ABL shares dropped over 30% after allegations of accounting fraud. 2. A potential class action lawsuit is being investigated against ABL.
The significant share price drop indicates severe investor concern due to allegations. Similar past incidents have led to prolonged declines in stock prices for affected companies.
The article discusses severe allegations against ABL that could lead to legal repercussions and longer-term damage to reputation and finances. Such impacts have historically resulted in significant stock declines.
Immediate legal actions and investor panic will likely affect ABL's price soon. Historical examples show that allegations of fraud can deeply hurt investor confidence in the short term.