OKLO Under Investigation For Potential Securities Fraud

Published on 25 December 2024 at 00:30

Pomerantz LLP, a well-known law firm, is investigating whether Oklo Inc. misled its investors or engaged in illegal business practices.

The investigation follows a report from Kerrisdale Capital, which raised red flags about Oklo’s ability to succeed. The report criticized the company for lacking approved designs, having no revenue, and facing big technical and financial challenges.

These claims have worried investors, causing Oklo’s stock to drop, and now Pomerantz is looking into whether the company broke any laws.

We will continue to follow this developing story.

 

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