StockNews.AI
AFRM
StockNews.AI
154 days

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Affirm Holdings, Inc - AFRM

1. Pomerantz LLP is investigating claims of securities fraud against Affirm. 2. Affirm lost Walmart's exclusive BNPL contract to Klarna. 3. After losing the contract, Affirm's stock dropped 12.74% in two days. 4. Affirm's stock closed at $43.70 following the news. 5. The investigation could affect investor trust and stock performance.

4m saved
Insight
Article

FAQ

Why Very Bearish?

The loss of a major client like Walmart negatively impacts earnings potential. Historical examples include significant stock declines following client losses in fintech.

How important is it?

The potential for securities fraud claims coupled with contract loss could seriously damage investor confidence.

Why Short Term?

Immediate investor sentiment is likely to be affected due to the contract loss. Past instances show such operational changes lead to swift market reactions.

Related Companies

KLARWMT
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Affirm and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action]  On March 17, 2025, the fintech company Klarna, in advance of its initial public offering in the U.S., announced that it was replacing Affirm as the exclusive provider of Buy Now, Pay Later ("BNPL") loans for Walmart.  On this news, Affirm's stock price fell $6.38 per share, or 12.74%, over the following two trading sessions, to close at $43.70 per share on March 18, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:Danielle PeytonPomerantz LLP[email protected]646-581-9980 ext. 7980 SOURCE Pomerantz LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News