A securities class action has been filed in the USDC – S.D.N.Y. against Marex Group Plc (MRX) (“Marex” or the “Company”), on behalf of all persons and entities that purchased or otherwise acquired Jasper securities and/or those who sold short Marex securities between August 14, 2024, and August 5, 2025, both dates inclusive (the “Class Period”).
Marex is a global financial services firm which provides liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets in the United Kingdom, the United States, and internationally. The Company’s clients are predominantly commodity producers and consumers, banks, hedge funds, and professional traders.
The Complaint alleges that throughout the Class Period, the Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that:
(1) the Company sold over-the-counter financial instruments to itself;
(2) Marex had inconsistencies in its financial statements between its subsidiaries and related parties, including as to intercompany receivables and loans; and
(3) Marex improperly inflated its cash flow and the revenues, assets, and profits of its Market Making segment through off-book intercompany transactions, thereby harming investors.
Marex’s stock price fell $2.33, or 6.2%, to close at $35.31 per share on August 5, 2025.
If you purchased Marex securities and/or sold short Marex securities during the Class Period, and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.