Pomerantz LLP is investigating Jackson Financial Inc. following allegations that its subsidiary used complex reinsurance deals to hide significant hedge losses and inflate solvency figures. The claims surfaced after a report by QVT Financial, which led to a 5.63% drop in Jackson Financial's stock price. The investigation could lead to a class action lawsuit if securities fraud or unlawful business practices are confirmed. Investors affected are encouraged to contact Pomerantz LLP for potential legal action.
The investigation into Jackson Financial Inc. provides context for readers following financial stocks. For readers following Financials-sector US stocks on Pluang, here is the market snapshot as of Oct 21, 2026 03:11 WIB: Out of 142 priced stocks, 109 rose and 32 fell. Banco Bradesco Sa (BBD) gained 3.68% with 100% buy orders and a typical hold time of 6 days, contrasting with Oxford Lane Capital Corp (OXLC) which dropped 3.32% despite 100% buy orders and a much longer hold time of 53 days. Avalanche Treasury Corporation (AVAT) rose 3.36% with a near-even buy-sell split and a 13-day hold time.
Medical Informatics Corp. has launched the Sickbay Experience Demo Center at Texas Medical Center's Helix Park, showcasing its FDA-cleared Sickbay platform. This interactive center demonstrates how real-time patient data from various medical devices ...
Grupo Aeroportuario del Pacífico reported Q3 2026 earnings per share of $2.66 and revenue of $632.9 million, both below analyst expectations. Despite the miss, the company saw a 13.2% rise in revenue excluding construction services and a 19.2% increa...
Northern Trust is set to report its Q3 2026 earnings with analysts forecasting a 24.9% rise in earnings per share to $2.86 and an 11.8% increase in revenue to $2.26 billion. Growth is driven by an 11.4% increase in net interest income and a 12.1% ris...
Moody's is expected to report Q3 2026 earnings of around $4.25 per share on revenue near $2.08 billion, driven by steady demand for credit ratings and growth in Moody's Analytics, especially from recurring subscriptions and AI tools. While Moody's In...
Collector Crypt, a Solana-based marketplace that tokenizes physical trading cards, has surpassed both Hyperliquid and Papertrade in 24-hour revenue, reaching over $532,550. This signals a shift in the crypto market towards tokenized collectibles rath...
