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Law firm probes Rumble Inc. for possible securities fraud after Q1 loss and stock drop.

Market News
23 Jun 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Pomerantz LLP is investigating claims against Rumble Inc. and its executives for potential securities fraud following the company's Q1 2026 financial report. Despite record revenue, Rumble posted a net loss of $30.2 million due to high marketing, acquisition, and R&D expenses, a sharp increase from a $2.6 million loss the previous year. This news caused Rumble's stock to drop nearly 12% on May 15, 2026. The investigation may lead to a class action lawsuit representing affected investors.

More News

Fanregratinib shows strong Phase II results for advanced intrahepatic cholangiocarcinoma, advancing regulatory review in China.

Fanregratinib shows strong Phase II results for advanced intrahepatic cholangiocarcinoma, advancing regulatory review in China.

HUTCHMED announced positive Phase II trial results for fanregratinib in treating advanced intrahepatic cholangiocarcinoma (ICC) with FGFR2 fusion/rearrangement. The study showed a 42.5% objective response rate and median overall survival of 16.6 mont...

Company Fundamentals
Bullish
13 minutes ago
Western Union nears final regulatory approval to acquire Intermex, pending one U.S. state approval.

Western Union nears final regulatory approval to acquire Intermex, pending one U.S. state approval.

Western Union and Intermex announced that regulatory approvals for Western Union's acquisition of Intermex have been received from 51 U.S. states and international jurisdictions, with only one U.S. state, New York, pending approval. Both companies ar...

Company Fundamentals
Bullish
58 minutes ago
Modern Therapy Group launches virtual intensive outpatient program for mental health care

Modern Therapy Group launches virtual intensive outpatient program for mental health care

Modern Therapy Group has introduced a virtual intensive outpatient program (IOP) designed for adults dealing with depression, anxiety, trauma, and other mental health issues. This program offers structured, clinician-led treatment five days a week vi...

Others
Neutral
1 hour ago
UBS advisor investigated for allegedly recommending unapproved 99 Acquisition Group investments

UBS advisor investigated for allegedly recommending unapproved 99 Acquisition Group investments

Meyer Wilson Werning, an investor protection law firm, is investigating UBS advisor Daniel Merithew Allen for allegedly recommending unapproved investments in 99 Acquisition Group LLC to clients. This practice, known as "selling away," violates FINRA...

Market News
Bearish
1 hour ago
AI-driven visibility shifts digital marketing from campaigns to integrated infrastructure systems.

AI-driven visibility shifts digital marketing from campaigns to integrated infrastructure systems.

NEWMEDIA.COM highlights a major shift in digital marketing where AI Visibility Infrastructure integrates search, authority, content, and analytics to ensure brands are discoverable and recommended by AI systems. Traditional search rankings are becomi...

Market News
Neutral
2 hours ago
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