Press release
Concorde International Group Ltd. (NASDAQ: CIGL) Investor Alert: Deadline in Lawsuit on May 18, 2026
A Deadline is coming up on May 18, 2026 in the lawsuit for certain investors in Concorde International Group Ltd. (NASDAQ: CIGL).
Investors who purchased shares of Concorde International Group Ltd. (NASDAQ: CIGL) have certain options and there are strict and short deadlines running. Deadline: May 18, 2026. Concorde International Group Ltd. (NASDAQ: CIGL) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Singapore based Concorde International Group Ltd. provides security and safety solutions to commercial, financial, industrial, and government in Singapore. Concorde International Group Ltd. (NASDAQ: CIGL) reported that its annual Total Revenue declined from over $10.65 million in 2023 to over $10.49 million in 2024, and that its Net Income of $0.96 million in 2023 turned to a Net Loss of $83.63 million in 2024.
Shares of Concorde International Group Ltd. (NASDAQ: CIGL) declined from $31.055 per share on July 9, 2025, to as low as $1.70 per share on August 01, 2025.
According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Concorde International Group Ltd. (NASDAQ: CIGL) common shares between April 21, 2025 and July 14, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between April 21, 2025 and July 14, 2025, the defendants made false and/or misleading statements and/or failed to disclose that Concorde was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals, that the insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign, that Concorde's public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price, and that as a result of the foregoing, defendants' positive statements about Concorde's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Concorde International Group Ltd. (NASDAQ: CIGL) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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