Pomerantz LLP is investigating Ethos Technologies and certain officers for possible securities fraud following a report exposing Ethos's reliance on multilevel marketing (MLM) tactics, which contradicts its automated platform image. The report revealed that 70% of Ethos's agents are tied to MLM structures and that most third-party revenue comes from just three MLM relationships. This led to a nearly 3% drop in Ethos's stock price. The investigation could lead to a class action lawsuit if wrongdoing is confirmed.
The story on Ethos Technologies offers context for readers tracking Technology-sector stocks. For readers following this sector, here is Pluang's market snapshot as of Nov 11, 2026 05:02 WIB: Among 150 priced Technology-sector US stocks, 65 rose and 85 fell today. Quantum Computing Inc (QUBT) saw a sharp 8.89% drop to USD 6.25 with 99% of Pluang orders selling, contrasting with TAKE-TWO INTERACTIVE SOFTWARE (TTWO), which gained 8.34% to USD 224.69 and had a longer typical hold time of 114 days and a more balanced order activity of 60% sell to 40% buy. VNET Group Inc (VNET) also declined by 8.40% to USD 3.00 with 100% sell orders and a shorter hold time of 17 days.
American Healthcare REIT Director Scott A. Estes sold 2,500 shares at $59.32 each following the company’s strong third-quarter earnings report. The company reported a 31.8% increase in normalized funds from operations and a 13.8% rise in same-store n...
Boxes of Hope is partnering with La Frontera to convert dismantled Arizona border wall shipping containers into 350 to 450 affordable rental homes in Tucson. Each 40-foot container will become a comfortable 300 sq ft living space with essential ameni...
Star Bulk Carriers Corp. has published its 2025 Environmental, Social and Governance (ESG) Report, its eighth annual report detailing the company's sustainability strategy, performance, and future objectives. The report, guided by the ESG Committee, ...
TELA Bio reported $19 million revenue in Q3 2026, down 8% year-over-year but with an 18% increase in international sales. The company reduced its operating loss by 21% sequentially and improved adjusted EBITDA loss by 55%, driven by a strategic cost ...
Cannabis Strategic Ventures has finalized its change of control with Scopien Technologies, an AI platform company, which now holds voting control through preferred stock. The company has appointed new leadership, including CEO Zameer Mulla, and plans...
