Portnoy Law Firm said it has opened an investigation into possible securities fraud at XP and may file a class action on behalf of investors. The firm cited a 5.5% drop in XP shares to USD 14.14 on March 12, 2025, following a Grizzly Research report. The report alleged XP was running a Ponzi scheme involving derivatives sold to retail clients and that certain activity was misrepresented as proprietary trading profits.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XP Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603170900PRIMZONEFULLFEED9672998) on March 17, 2026, and is solely responsible for the information contained therein.
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