MarketPulse

financial statement misstatement

2 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Lufax Auditor Firing Sparks Securities Lawsuit Over Hidden Related-Party Deals

Lufax faces class action lawsuit after firing auditor PwC, who flagged undisclosed related-party transactions and balance sheet overstatements since mid-2023.
LUstock declinesecurities class action
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Llp

Kyndryl Faces Major Class Action Over Accounting Failures, Stock Crashes 55%

Robbins LLP filed class action against $KD over alleged financial statement misstatements and internal control failures. Stock plunged 55% after SEC investigation disclosure.
KDclass action lawsuitstock price decline