StockNews.AI
ABL
StockNews.AI
71 days

Bragar Eagel & Squire, P.C. Is Investigating GoHealth and Abacus and Encourages Investors to Contact the Firm

1. Bragar Eagel & Squire is investigating Abacus for potential unlawful practices. 2. A Morpheus Research report claims ABL faked revenue using life settlements schemes. 3. On June 4, 2025, ABL's stock plunged over 21% following this report. 4. DOJ complaint against GoHealth mentioned illegal kickbacks affecting related market perceptions. 5. Investor trust in ABL may erode due to ongoing scrutiny and investigations.

4m saved
Insight
Article

FAQ

Why Very Bearish?

Significant drop of over 21% in stock price due to allegations; historical cases show similar declines led to longer-term impacts.

How important is it?

Ongoing investigations can significantly affect investor confidence leading to price volatility.

Why Short Term?

Immediate market reactions to news; however, if ABL addresses allegations, recovery might follow.

Related Companies

NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against GoHealth, Inc. (NASDAQ:GOCO) and Abacus Global Management, Inc. (NASDAQ:ABL). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. GoHealth, Inc. (NASDAQ:GOCO) On May 1, 2025, the U.S. Department of Justice ("DOJ") announced the filing of a False Claims Act complaint against several health insurance companies and insurance broker organizations, including GoHealth, "alleging that from 2016 through at least 2021, the defendant insurers paid hundreds of millions of dollars in illegal kickbacks to the defendant brokers in exchange for enrollments into the insurers' Medicare Advantage plans." On news of the DOJ's lawsuit, GoHealth's stock price fell $1.09 per share, or 10.35%, to close at $9.44 per share on May 1, 2025. For more information on the GoHealth investigation go to: https://bespc.com/cases/GOCO Abacus Global Management, Inc. (NASDAQ:ABL) On June 4, 2025, Morpheus Research published a report titled "Abacus Global Management: This $740 Million SPAC Is Yet Another Life Settlements Accounting Scheme Manufacturing Fake Revenue By Systematically Underestimating When People Will Die." On this news, Abacus Global's stock price fell more than 21%. For more information on the Abacus investigation go to: https://bespc.com/cases/ABL About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq. Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

Related News