Added to YB: 2025-06-16
Pitch date: 2025-06-12
ABL [neutral]
Abacus Global Management, Inc.
+47.49%
current return
Author Info
Morpheus Research was founded in 2025 by a team of financial analysts dedicated to exposing fraud and corporate misconduct in financial markets.We publish deep-dive investigative research on companies that we feel are fundamentally misunderstood by the market. While our research may lead to uncomfortable conclusions, we strive only to offer the truth. Sign up for the newsletter.
Company Info
Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States.
Market Cap
$640.3M
Pitch Price
$5.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.37
P/E
55.23
EV/Sales
4.95
Sector
Insurance
Category
N/A
Abacus’ Scattered Response Failed To Refute Any Of Our Allegations & Contradicted Its Own Statements To The SEC. We Reveal New Evidence Of Abacus Insiders Engaging In Undisclosed Related Party Dealings And Of Carlisle Round-Tripping Policies
ABL short (update): 76-page report alleges Abacus manipulates life expectancy data to inflate asset values. Core claim unrefuted - Lapetus provides shorter LEs vs competitors. Management contradicts SEC filings on valuation methodology, falsely claims 20-year track record (only 4 years), and overstates portfolio turnover (20% quarterly vs claimed 2x annually). Evidence of related-party transactions.
Read full article (13 min)