XP Inc. Loss Form
Company: XP Inc.
Ticker: (NASDAQ) XP
Deadline
Passed
Lead Plaintiff Deadline: May 20, 2020
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Allegations
(1) XP engaged in undisclosed related party transactions; (2) XP failed to disclose its common and large system failures and connected losses; (3) XP’s aggressive IFA strategy was and is tenuous; (4) XP had material weaknesses; (5) XP fired its previous accounting firm due to that firm finding and disclosing material weaknesses; and (6) as a result, Defendants’ public statements were materially false and misleading at all relevant times.