XP, Inc. Investigated for Securities Fraud by Block & Leviton, Investors Who Lost Money Should Contact the Firm
XP Inc. - Class A (XP)
Company Research
Source: GlobeNewswire
BOSTON, March 06, 2020 (GLOBE NEWSWIRE) -- National securities litigation firm Block & Leviton (www.blockesq.com) is investigating whether XP, Inc. (NASDAQ: XP) and certain of its officers may have misled investors. Investors who have lost money are encouraged to contact us for a free case evaluation. XP, one of Brazil’s largest brokerage firms, went public on December 13, 2019 in a $1.96 billion public offering. On March 6, 2020, less than three months later, investment firm The Winkler Group published a short report raising serious questions about the accuracy of XP’s financials. Among other things, the report charges that there are significant discrepancies between XP’s internal audits and the financial statements the company provided investors in its IPO prospectus. In addition, the report alleges that XP fired its auditor after it discovered material weaknesses in the company’s internal controls. “Investors have a right to rely upon accurate offering documents when decidi
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XP
News
- Sugar Giant Cosan Mulls Selling Vale Stake on Leverage Woes [BNN Bloomberg (Canada)]BNN Bloomberg
- XP Inc. Q2: Good, But Not Enough To Change The Recommendation [Seeking Alpha]Seeking Alpha
- XP Q2 Earnings: On Track To Meet Its 2026 Financial Targets [Seeking Alpha]Seeking Alpha
- Foreign Investors Flock Back to Brazil Stocks as Fed Cut Nears [BNN Bloomberg (Canada)]BNN Bloomberg
- Drought Strains Brazil Hydropower Supply, Raising Energy Costs [Financial Post (Toronto, Ontario, Canada)]Financial Post
XP
Earnings
- 8/13/24 - Beat
XP
Analyst Actions
- 10/16/24 - JP Morgan
XP
Sec Filings
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- XP's page on the SEC website