Recover

Rosen Law Firm Investigates XP Inc. for Alleged Ponzi Scheme, Prepares Class Action to Recover Investor Losses

by

NEW YORK — The Rosen Law Firm, renowned worldwide for advocating investor rights, is presently examining possible securities claims on behalf of shareholders of XP Inc. This inquiry has been prompted by alleged misleading business information provided by the company to its investors. XP Inc., recognized as a Brazillian fintech entity on the Nasdaq, came under scrutiny when Grizzly Research, on March 12, 2024, published a damning report. The report claimed: “XP’s entire profits hinge on what insiders term a ‘Madoff-Like Ponzi Scheme.’” The revelations outlined XP’s alleged engagement in a large-scale Ponzi scheme, primarily … Read more

Chipotle Faces Class Action Lawsuit Over Alleged Misleading Statements and Portion Size Concerns – Investors May Recover Losses

by

New York, NY – Investors who have experienced financial losses from their investments in Chipotle Mexican Grill, Inc. (NYSE:CMG) might have an opportunity to recover their losses through a class action lawsuit. This suit aims to address alleged misinformation provided by the company, and offers affected shareholders a potential avenue for compensation. The legal action comes in the wake of accusations that Chipotle’s operations and business strategies were misrepresented between Feb. 8, 2024, and Oct. 29, 2024. Specifically, the complaint against the company alleges that Chipotle failed to maintain consistency in the portion sizes of … Read more

Federal Judge Dismisses Giuliani’s Bankruptcy Case, Greenlights Creditor Actions to Recover Multi-Million Dollar Debts

by

NEW YORK – A federal judge in New in York dismissed Rudy Giuliani’s bankruptcy filing on Friday, a move that exposes the former New York City mayor to potential asset seizures by creditors who have won significant legal claims against him. The decision allows proceedings against Giuliani to advance, including attempts by two Georgia election workers, Ruby Freeman and Shaye Moss, who previously won a $148 million defamation lawsuit against Giuliani for falsely accusing them of electoral fraud during the 2020 presidential election. Judge Sean Lane of the U.S. Bankruptcy Court in the Southern District … Read more

Nissan’s Legal Battle: Failed Attempt to Recover Jury Award from Brake Parts Supplier Raises Questions

by

New Orleans, Louisiana – Nissan’s attempt to recoup the jury award it paid to a brake parts supplier has been denied. The automaker had sought to recover the amount it paid to early supplier Robert Bosch LLC after being ordered by a jury to do so. However, a state appeals court in Louisiana rejected Nissan’s bid. In the initial case, a jury had determined that Bosch’s brake control systems were defective and that they had contributed to an accident that injured a passenger in a Nissan vehicle. The jury held Nissan responsible for the injuries … Read more