XP: XP Inc. (XP) Faces Scrutiny After Short Seller Alleges Company Operates A "Madoff-like" Ponzi Scheme - Hagens Berman

SAN FRANCISCO, April 03, 2025 (GLOBE NEWSWIRE) -- On March 12, 2025, investors in XP Inc. (NASDAQ:XP), who purports to be "a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil," saw the price of their shares decline over 5% after a short-seller published a report titled "XP's (NASDAQ:XP) Entire Profits Are Dependent on What Insiders Call a 'Madoff-Like Ponzi Scheme.'"Prominent investor rights firm Hagens Berman is investigating the allegations and urges investors who purchased XP Inc. shares and suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge that may assist the firm's investigation to contact its attorneys.Visit: www.hbsslaw.com/investor-fraud/xpContact the Firm Now: XP@hbsslaw.com | 844-916-0895XP Inc. (XP) Investigation:The investigation is focused on the propriety of XP's statements about its business model and recent assurances to investors that it has improved its internal control over financial reporting.XP's assurances may have come under question on March 12, 2025, when Grizzly Research published "XP's (NASDAQ:Full story available on Benzinga.com