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VIRTU FINANCIAL INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Virtu Financial, Inc. - VIRT

1. Virtu Financial is under investigation for failing to protect sensitive trading data. 2. Regulatory scrutiny may impact Virtu's operations and reputation.

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FAQ

Why Bearish?

The ongoing investigation highlights governance issues, which historically depress stock prices, e.g., companies like Wirecard faced severe repercussions due to compliance failures.

How important is it?

The investigation reflects systemic issues that can negatively impact market perception and investor confidence in VIRT.

Why Short Term?

Investigation results could lead to immediate concerns from investors, similar to cases affecting stock stability shortly after news breaks.

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CITARSIISIG
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Virtu Financial, Inc. (NasdaqGS: VIRT). For several years, the Company has been under intense scrutiny by finance media and regulators regarding its alleged failure to implement effective information access barriers to protect highly sensitive and confidential trading data of its Execu.

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