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Stock impact report

INVESTIGATION ALERT: The Schall Law Firm Announces It is Investigating Claims Against XP Inc. and Encourages Investors with Losses to Contact the Firm

XP Inc. - Class A (XP) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of XP Inc. (“XP” or “the Company”) (NASDAQ: XP) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Less than three months after XP’s IPO, The Winkler Group published a research report about the Company raising significant questions about the accuracy of XP’s financial reports. According to the report released on March 6, 2020, there are material differences between XP’s internal audits and the financial statements provided to investors as part of its IPO materials. The report also alleges that “XP fired its auditor after the auditor found material weaknesses in its financial reporting.” Based on that news, shares of XP traded down more than 13% on the same day.If you are a shareholde Show less Read more
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