Levi & Korsinsky notifies investors that it has commenced an investigation into Abacus Global Management, Inc. (NASDAQ: ABL) concerning potential violations of the federal securities laws.
On June 4, 2025, Morpheus Research published a report alleging the company is generating fake revenue through aggressive “mark-to-model” accounting tied to its life settlements portfolio. According to the report, Abacus books revenue by marking up policies using internal life expectancy estimates that understate how long insured individuals will live. Morpheus also cites undisclosed related-party transactions and policy markups of over 80% within days of purchase. Following this news, shares of Abacus fell over 15% in intraday trading on the same day.
If you suffered a loss on your Abacus Global Management, Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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