1. Pomerantz LLP investigating Above Foods for potential securities fraud. 2. Company's auditor resigned at their request in July 2025. 3. Stock price fell 7.67% to $1.69 following the auditor's resignation. 4. Investors can contribute to claims regarding unlawful practices. 5. Pomerantz has a history of winning securities class actions.
FAQ
Why Very Bearish?
The stock has already experienced a significant drop after auditor's resignation; ongoing investigations can further erode investor confidence, reminiscent of similar cases where stock values plummeted during fraud investigations (e.g., Enron).
How important is it?
The ongoing investigation and the recent fall in stock price signify serious concerns about corporate governance, making this pivotal for ABVE investors.
Why Short Term?
Immediate impacts may be seen as investigation progresses and news unfolds, leading to potential further declines similar to other firms that faced class action investigations, such as Theranos.
Investor Alert: Pomerantz Law Firm Investigates Claims Against Above Foods Ingredients Inc. (ABVE)
On December 30, 2025, Pomerantz LLP announced an investigation into potential claims on behalf of investors in Above Foods Ingredients Inc. (NASDAQ: ABVE). This investigation seeks to determine whether the Company, along with certain officers and directors, may have engaged in securities fraud or other unlawful business practices.
Details of the Investigation
Investors who believe they may have been affected are encouraged to contact Danielle Peyton at newaction@pomlaw.com or call 646-581-9980, ext. 7980. The investigation comes in light of recent disclosures by Above Foods regarding its organizational practices and the resignation of its auditor.
Recent Developments Impacting ABVE Stock
On December 2, 2025, Above Foods revealed that its auditor had resigned in July, at the Company’s request. This disclosure-triggered a significant drop in Above Food’s stock price, which fell by $0.23 per share, equivalent to a 7.67% decline, closing at $1.69 on December 19, 2025.
About Pomerantz LLP
Pomerantz LLP is recognized as a leading law firm specializing in corporate, securities, and antitrust class litigation. With offices across major cities including New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, Pomerantz has over 85 years of experience in advocating for the victims of securities fraud and corporate misconduct.
- Founded by Abraham L. Pomerantz, a pioneer in the class action bar
- Noted for winning multimillion-dollar damages awards
- Continues to uphold a strong commitment to fighting for investor rights
Contact Information
For further inquiries or to participate in the investigation regarding ABVE, please reach out to:
Danielle Peyton
Pomerantz LLP
Email: dpeyton@pomlaw.com
Phone: 646-581-9980, ext. 7980
For additional information regarding this case and potential involvement in a class action lawsuit, visit www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.