Investment
Features
FeesSafety
Academy
More
Pluang+

Investigation launched into Jackson Financial over alleged securities fraud and inflated solvency metrics.

Market News
01 Oct 2026
PRNewsWire
View Source
Bearish
Investigation launched into Jackson Financial over alleged securities fraud and inflated solvency metrics.

Pomerantz LLP is investigating Jackson Financial following a report by QVT Financial alleging that Jackson's subsidiary used a complex reinsurance deal to hide hedge losses and inflate solvency figures. After the report, Jackson's stock dropped over 5%. The investigation will determine if the company and its executives engaged in securities fraud or unlawful practices, potentially leading to a class action lawsuit. Investors affected are advised to contact Pomerantz LLP for more information.

Jackson Financial's stock dropped over 5% following allegations of complex reinsurance deals. For readers following Financials-sector US stocks, here is Pluang's market snapshot as of Oct 01, 2026 20:04 WIB: out of 85 priced stocks, 31 rose and 49 fell. Notable movers include BCS (Barclays PLC) at USD 23.90 with a -1.52% change and a typical hold time of 62 days, PYPL (PayPal Holdings, Inc.) at USD 53.23 with a +1.33% change and a typical hold time of 105 days, with Pluang order activity showing 71% sell and 29% buy, and AEG (Aegon Ltd.) at USD 8.52 with a -1.27% change and a typical hold time of 47 days, with 100% buy activity on Pluang.

More News

Wells Fargo stock target raised to $95 on strong Q3 earnings forecast and Fed regulatory easing

Wells Fargo stock target raised to $95 on strong Q3 earnings forecast and Fed regulatory easing

An analyst at Truist Financial raised Wells Fargo's price target to $95, suggesting a 20.74% upside from its current price. This optimism is driven by expected strong third-quarter earnings of $1.85 per share and $22.34 billion in revenue, surpassing...

Analyst Insights
Bullish
2 hours ago
Oklo advances carbon-free energy with new reactors and $1.68B nuclear fuel recycling plan

Oklo advances carbon-free energy with new reactors and $1.68B nuclear fuel recycling plan

Oklo is developing advanced fast-fission reactors to power future data centers and industrial hubs, aiming to lead in carbon-free energy. Piper Sandler reaffirmed an "Overweight" rating on the stock, reflecting confidence in Oklo's growth prospects. ...

Market News
Bullish
2 hours ago
Nike earnings expected to show decline amid 80% stock drop and cautious market sentiment

Nike earnings expected to show decline amid 80% stock drop and cautious market sentiment

Nike is set to release its quarterly earnings on October 1, 2026, with analysts forecasting an EPS of $0.44 and revenue of $11.32 billion, both down from last year. The company's stock has fallen 80% this year, hitting 13-year lows, reflecting a chal...

Company Fundamentals
Bearish
2 hours ago
Lamb Weston expects Q3 EPS of $0.59 on stable $1.65B revenue, driven by cost savings and efficiency gains.

Lamb Weston expects Q3 EPS of $0.59 on stable $1.65B revenue, driven by cost savings and efficiency gains.

Lamb Weston is set to report Q3 earnings with analysts forecasting an EPS of $0.59, down from $0.74 last year, and revenue around $1.65 billion, nearly flat compared to the prior year. The company’s "Focus to Win" strategy has generated over $100 mil...

Company Fundamentals
Neutral
3 hours ago
Synopsys rated Strong Buy with $771 target on AI integration and growth in semiconductor design.

Synopsys rated Strong Buy with $771 target on AI integration and growth in semiconductor design.

Synopsys, Inc. is rated Strong Buy with a $771 price target due to its integration of agentic AI into its electronic design automation (EDA) platform and a strong outlook for growth in EDA and intellectual property (IP). The company’s Factory 2 model...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App