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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Fairfax Financial Holdings Limited - FRFHF

FAIRFAX FINCL HLDG S/VTG (FRFHF) 
Company Research Source: GlobeNewswire
NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Fairfax Financial Holdings Limited (“FFH” or the “Company”) (OTC: FRFHF).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.    The investigation concerns whether FFH 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 February 8, 2024, short-seller Muddy Waters Research published a report entitled “Fairfax Financial Holdings Ltd.: The GE of Canada” (the “Muddy Waters Report”). The Muddy Waters Report alleged that FFH engaged in “abusive accounting”, manipulating asset values and income by “engaging in value destructive transactions aimed at generating accounting gains.”  Following publication of the Muddy Waters Report, FFH’s stock price fell $121.06 per share, or 11.6%, to close at $920.37 Show less Read more
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