ATLANTA, GA – – (Globe Newswire – August 16, 2023) – – Holzer & Holzer, LLC is investigating whether Freedom Holding Corp. (“Freedom Holding” or “the Company”) (NASDAQ: FRHC) complied with federal securities laws. On August 15, 2023, Hindenburg Research published a report alleging Freedom Holding “(i) brazenly skirts sanctions (ii) shows hallmark signs of fake revenue (iii) commingles customer funds then gambles assets in highly levered, illiquid, risky market bets (iv) and displays signs of market manipulation in both its investments and its publicly traded shares.” Following this news, the price of the Company’s stock dropped.
If you purchased Freedom Holding stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at email@example.com or Joshua Karr, Esq. at firstname.lastname@example.org, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/freedom-holding/ to discuss your legal rights.