Latest news with #Abacus'
Business Wire
4 days ago
- Business
- Business Wire
Abacus Global Management, Inc. (ABL) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Abacus Global Management, Inc. ('Abacus' or the 'Company') (NASDAQ: ABL) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ABACUS GLOBAL MANAGEMENT, INC. (ABL), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? On June 4, 2025, Morpheus Research published a report alleging, among other things, that Abacus uses fraudulent life expectancy data to drive revenues. Specifically, the report alleges 'contrary to Abacus' disclosures to the SEC' Abacus relies heavily on life expectancy ('LE') reports generated by 'AI powered' Lapetus Solutions. The report states former Abacus employees revealed the Company 'built Lapetus LEs into… the proprietary pricing tool that Abacus made' and 'would not gather the other life expectancy info.' The report asserts 'Abacus' reliance on Lapetus to value its portfolio presents a material risk to the $446 million in claimed life settlements on its books as of Q1 2025' because '[t]he indicative value on a Lapetus LE is 50% higher than with the other LE providers.' On this news, Abacus's stock price fell $1.64, or 21.5%, to close at $6.00 per share on June 4, 2025, thereby injuring investors. Contact Us To Participate or Learn More: If you purchased Abacus securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at: This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Business Wire
4 days ago
- Business
- Business Wire
Securities Fraud Investigation Into Abacus Global Management, Inc. (ABL) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
LOS ANGELES--(BUSINESS WIRE)-- The Law Offices of Frank R. Cruz announces an investigation of Abacus Global Management, Inc. ('Abacus' or the 'Company') (NASDAQ: ABL) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ABACUS GLOBAL MANAGEMENT, INC. (ABL), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On June 4, 2025, Morpheus Research published a report alleging, among other things, that Abacus uses fraudulent life expectancy data to drive revenues. Specifically, the report alleges 'contrary to Abacus' disclosures to the SEC' Abacus relies heavily on life expectancy ('LE') reports generated by 'AI powered' Lapetus Solutions. The report states former Abacus employees revealed the Company 'built Lapetus LEs into… the proprietary pricing tool that Abacus made' and 'would not gather the other life expectancy info.' The report asserts 'Abacus' reliance on Lapetus to value its portfolio presents a material risk to the $446 million in claimed life settlements on its books as of Q1 2025' because '[t]he indicative value on a Lapetus LE is 50% higher than with the other LE providers.' On this news, Abacus's stock price fell $1.64, or 21.5%, to close at $6.00 per share on June 4, 2025, thereby injuring investors. Contact Us To Participate or Learn More: If you purchased Abacus securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 Call us at: 310-914-5007 Email us at: info@ Visit our website at: Follow us for updates on Twitter at If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Yahoo
25-02-2025
- Business
- Yahoo
Abacus Life to Announce Fourth Quarter 2024 Financial Results on Thursday, March 27, 2025
ORLANDO, Fla., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ('Abacus' or the 'Company') (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it will release its fourth quarter 2024 financial results after the market closes on Thursday, March 27, 2025. Abacus will hold a conference call to discuss the financial results at 5:00 pm Eastern Time on March 27, 2025. A live webcast of the conference call will be available on Abacus' investor relations website at The dial-in number for the conference call is (877) 407-9716 (toll-free) or (201) 493-6779 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at for one year following the call. About Abacus Abacus is a pioneering global alternative asset manager and market maker specializing in uncorrelated financial products. The company leverages its proprietary, cutting-edge longevity data and actuarial technology to purchase life insurance policies from consumers seeking liquidity. This creates a high-return asset class uncorrelated to market fluctuations for institutional investors. With nearly $3 billion in assets under management, including recently completed acquisitions, Abacus is the only publicly traded global alternative asset manager focused on lifespan-based financial products. Abacus is expanding its leading expertise in longevity and lifespan into new growth areas: ABL Wealth - Leverages decades of data and proprietary algorithms to offer longevity-based wealth management platforms that enable financial advisors to create customized plans and provide access to uncorrelated investments. ABL Tech - A groundbreaking technology service that delivers advanced real-time data tracking and analysis for pension funds, governments, insurance companies, retirement associations, and more. Through each new channel, Abacus is revolutionizing the future of asset management and financial planning, centered on longevity and lifespan. Contact: Investor Relations Robert F. Phillips – SVP Investor Relations and Corporate Affairsrob@ 290-1198 David Jackson – IR/Capital Markets Associatedjackson@ 299-0716 Abacus Life Public Relationspress@ in to access your portfolio
Yahoo
24-02-2025
- Yahoo
Napa Valley Wine & Dine: Explore the Best Wineries, Tastings, and Gourmet Restaurants
If you're dreaming of a wine lover's paradise, Napa Valley, California, should be your next destination. On a spontaneous three-day getaway with close friends, I discovered some of the most memorable wineries and culinary spots this iconic region has to offer. Here's a glimpse into our adventure: Frank Family VineyardsStep into warmth and history at Frank Family Vineyards, known for its award-winning Chardonnay, Pinot Noir, and a transformative Red Zinfandel. I went from a casual drinker to a true appreciator of quality wine here. Pro tip: if the day is beautiful, ask to sit on the back porch—the view is breathtaking (and rumor has it, you might even spot a nod to Marilyn Monroe's favorite spot). Domaine CarnerosImagine a French château in the heart of wine country—that's Domaine Carneros. Specializing in sparkling wines and elegant Pinot Noir, this winery charms with its grand staircase, panoramic terrace views, and delightful charcuterie platters. It's an ideal pre-dinner stop that combines sophistication with a relaxed vibe. ZD WineryFor those who value sustainability, ZD Winery is a must-visit. This family-owned gem practices organic farming and eco-friendly winemaking. Enjoy a brief historical tour before settling on a picturesque patio with expansive vineyard views. I especially loved their distinctive Chardonnay and the unique 'Abacus' blend—a true testament to their 'Zero Defects' philosophy. After exploring the vineyards, our journey continued with a tour of some incredible dining experiences in and around Napa Valley: St. Helena Highlights Charter Oak Yurt: Offering a unique, family-style dining experience in a garden setting, this spot changes its farm-to-table menu daily, ensuring every meal is an adventure. Farmstead at Long Meadow Ranch: Rustic charm and locally sourced ingredients shine here. Highlights include wood-grilled pork chops, skillet cornbread, and unforgettable deviled eggs. Goose and Gander: Housed in a quaint stone building, this gastropub serves elevated American classics with a Napa twist. Start your meal with their rich bone marrow appetizer for an indulgent treat. Yountville & Beyond Restoration Hardware (RH) Yountville: Dining here is an experience of artful design and seasonal, locally sourced dishes. The truffle fries and signature Bellini are absolute must-tries. Auberge du Soleil: Nestled in the hills with views rivaling the finest European countrysides, this Michelin-starred destination offers a Mediterranean-inspired menu. Their 'Tasting Menu' is a culinary journey not to be missed. Though our whirlwind trip to Napa Valley lasted only three days, it was filled with unforgettable experiences—from charming wineries to exquisite dining adventures. This journey not only deepened my appreciation for exceptional wine but also left me eager for my next visit to explore even more of what Napa has to offer.
Yahoo
19-02-2025
- Business
- Yahoo
Abacus Life Completes the Rebranding of FCF Advisors with New ETF and Fee Reductions
ORLANDO, Fla., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Abacus Life, Inc. ('Abacus' or the 'Company') (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announces the rebranding of FCF Advisors to Abacus FCF Advisors, a subsidiary of ABL Wealth. This rebrand highlights the manager's position as a leader in free cash flow investing and analytics by pioneering the FCF Leaders Model, which serves as the foundation for the firm's quantitative investment process that identifies the most profitable companies. As part of the rebrand, Abacus FCF Advisors announced the launch of the Abacus FCF Small Cap Leaders ETF (ticker: ABLS), and management fee reductions of 5-10 basis points across all ETFs. An 18-month fee waiver of 20 basis points was also introduced on four of the ETFs. Ticker Fund Name ABFL Abacus FCF Leaders ETF ABLG Abacus FCF International Leaders ETF ABLD Abacus FCF Real Assets Leaders ETF* ABOT Abacus FCF Innovation Leaders ETF* ABLS Abacus FCF Small Cap Leaders ETF* ABHY Abacus Tactical High Yield ETF* *Effective 2/1/2025, a fee waiver of 20 basis points will be offered to these funds for 18 months. To celebrate this iconic event, the Abacus FCF Advisors team, along with other executives from ABL Wealth, is ringing the Cboe Global Markets Exchange opening bell today, Wednesday, February 19, 2025. 'We are thrilled to ring the Cboe bell,' said Jay Jackson, CEO of Abacus Life. 'The FCF acquisition, including the rebranded funds and new ETF, constitute significant milestones in Abacus' ongoing expansion of ABL Wealth and its suite of innovative products, as well as our goal of delivering comprehensive, lifespan-based financial advisory services and products. FCF aligns perfectly with our strategy of providing clients with holistic and tailored financial solutions throughout their lives.' About Abacus FCF Advisors Abacus FCF Advisors is a leader in free cash flow investing and analytics, having pioneered the Free Cash Flow Leaders Model, which serves as the foundation for the firm's quantitative investment process. Based on our research for the past decade, constructing a high-conviction portfolio through comprehensive analysis of Free Cash Flow Return on Invested Capital has historically outperformed and delivered superior long-term capital growth. This model prioritizes prudent capital expenditure, low accruals, high cash flow margins, and strong asset turnover. Abacus FCF Advisors has a suite of core and thematic free cash flow equity strategies and offers over 50 customizable free cash flow index strategies covering 8 global equities allocation categories available in ETFs, SMA/white label SMA and model delivery. About Abacus Abacus is a pioneering global alternative asset manager and market maker specializing in uncorrelated financial products. The company leverages its proprietary, cutting-edge longevity data and actuarial technology to purchase life insurance policies from consumers seeking liquidity. This creates a high-return asset class uncorrelated to market fluctuations for institutional investors. With nearly $3 billion in assets under management, including recently-completed acquisitions, Abacus is the only publicly traded global alternative asset manager focused on lifespan-based financial products. Abacus is expanding its leading expertise in longevity and lifespan into new growth areas: ABL Wealth - Leverages decades of data and proprietary algorithms to offer longevity-based wealth management platforms that enable financial advisors to create customized plans and provide access to uncorrelated investments. ABL Tech - A groundbreaking technology service that delivers advanced real-time data tracking and analysis for pension funds, governments, insurance companies, retirement associations, and more. Through each new channel, Abacus is revolutionizing the future of asset management and financial planning, centered on longevity and lifespan. Contacts: ABL Wealth Fei Xue, CAIA - Vice President, ABL Wealthfei@ 710-5957 Abacus Life Investor Relations Robert F. Phillips – SVP Investor Relations and Corporate Affairsrob@ 290-1198 David Jackson – IR/Capital Markets Associatedjackson@ 299-0716 Abacus Life Public Relationspress@ Important Information: Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the statutory and summary prospectuses, a copy of which may be obtained by visiting the Fund's website at Please read the prospectus or summary prospectus, if available, carefully before you invest. Investing involves risk, including possible loss of principal. Free Cash Flow (FCF) represents the cash that a company is able to generate after accounting for capital expenditures. Distributed by Quasar Distributors, LLC. Quasar is not related to Abacus or in to access your portfolio
