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0 0 0.00537859737356791 -0.0011176306230791 -0.00810282201732331 0.0058675607711651 -0.00810282201732331 -0.00810282201732331
Stock impact report

ALT5 Investor Alert: Hagens Berman Investigates ALT5 Sigma (ALTS) Over Auditor Resignation and Potentially False Financials

ALT5 Sigma Corporation (ALTS) 
Company Research Source: Business Wire
Partner Reed Kathrein Scrutinizes Allegations of Illicit Enrichment and Collapse of Financial Reporting Controls Following $1.5 Billion Offering SAN FRANCISCO--(BUSINESS WIRE)--National shareholder rights law firm Hagens Berman has opened an investigation into ALT5 Sigma Corporation (NASDAQ: ALTS) following a cascade of regulatory and management failures that led to the company’s stock cratering nearly 80%.The investigation focuses on whether ALT5 misled investors about the stability and reliability of its financial reporting and internal controls—specifically in the context of its $1.5 billion registered offering in mid-August. Just two weeks after this capital raise, the company began disclosing a series of catastrophic events that ultimately resulted in the firing of the CEO and CFO, the resignation of the auditor, and Nasdaq non-compliance.“The sequence of events is highly alarming: a massive capital raise immediately followed by the disclosure of a money laundering judgment ag Show less Read more
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