{"success":true,"data":{"pressRelease":{"id":"11884","rtpr_id":"nGNXzcCG6","ticker":"CIGL","exchange":"NASDAQ","all_tickers":["CIGL"],"title":"INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Concorde International Group, Ltd. of Class Action Lawsuit and Upcoming Deadlines – CIGL","author":"Globe Newswire","published_at":"2026-04-28T21:22:21.097Z","article_body":"NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a\nclass action lawsuit has been filed against Concorde International Group, Ltd.\n(“Concorde” or the “Company”) (NASDAQ: CIGL). Such investors are\nadvised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980,\n(or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are\nencouraged to include their mailing address, telephone number, and the number\nof shares purchased.\n\nThe class action concerns whether Concorde and certain of its officers and/or\ndirectors have engaged in securities fraud or other unlawful business\npractices.\n\nYou have until May 18, 2026, to ask the Court to appoint you as Lead Plaintiff\nfor the class if you purchased or otherwise acquired Concorde securities\nduring the Class Period. A copy of the Complaint can be obtained at\nwww.pomerantzlaw.com.\n\n[Click here for information about joining the class action]\n(https://www.globenewswire.com/Tracker?data=mrGvKEjvtyU0ljQVzMilPz1CJ0Q5cHGKaiUrTuU03cRLyl_mNJbGNZe8jaPWXcqBeVruB5U-NS58jLmAxLo5Iz2mRh5VHpOgrwxmQWIo9R1eVuP2N23bBZMbUDcztk6Q8LS45ZIXedesmcmTynssosPgwBcbZdpAj8SkLcwV5uHFsFru-h-oNbssoHIXs348)\n\nA complaint has been filed, alleging that Concorde and other defendants failed\nto disclose to investors that: (1) Concorde was the subject of a fraudulent\nstock promotion scheme involving social media-based misinformation and\nimpersonated financial professionals; (2) insiders and/or affiliates used\noffshore or nominee accounts to facilitate the coordinated dumping of shares\nduring a price inflation campaign; (3) Concorde’s public statements and risk\ndisclosures omitted any mention of the false rumors and artificial trading\nactivity driving the stock price; and (4) as a result of the foregoing,\ndefendants’ positive statements about the Company’s business, operations,\nand prospects were materially misleading and/or lacked a reasonable basis. The\ncomplaint alleges that in the weeks leading up to July 10, 2025, Concorde’s\nshare price surged from the initial public offering price of $4.00 to an\nall-time high of $31.06, despite no fundamental news from the Company\njustifying such a spike.  Investigations and public reports have since\nrevealed that Concorde utilized social media to orchestrate an illicit\n“pump-and-dump” promotion scheme to defraud investors. These reports\ndetail how impersonators claiming to be legitimate financial advisors touted\nConcorde in online forums, chat groups, and through social media posts with\nsensational but baseless claims to create a buying frenzy among retail\ninvestors.\n\nOn July 10, 2025, Concorde’s share price abruptly crashed approximately 80%,\nto $5.66. Since then, the Company’s share price has continued to decline.\n\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris,\nand Tel Aviv, is acknowledged as one of the premier firms in the areas of\ncorporate, securities, and antitrust class litigation. Founded by the late\nAbraham L. Pomerantz, known as the dean of the class action bar, Pomerantz\npioneered the field of securities class actions. Today, more than 85 years\nlater, Pomerantz continues in the tradition he established, fighting for the\nrights of the victims of securities fraud, breaches of fiduciary duty, and\ncorporate misconduct. The Firm has recovered numerous multimillion-dollar\ndamages awards on behalf of class members. See www.pomlaw.com.\n\nAttorney advertising. Prior results do not guarantee similar outcomes.\n\nCONTACT:\nDanielle Peyton\nPomerantz LLP\ndpeyton@pomlaw.com\n646-581-9980 ext. 7980\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXzcCG6","title":"INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Concorde International Group, Ltd. of Class Action Lawsuit and Upcoming Deadlines – CIGL","author":"Globe Newswire","ticker":"CIGL","created":"2026-04-28T21:22:21.097Z","tickers":["CIGL"],"exchange":"NASDAQ","article_body":"NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a\nclass action lawsuit has been filed against Concorde International Group, Ltd.\n(“Concorde” or the “Company”) (NASDAQ: CIGL). Such investors are\nadvised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980,\n(or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are\nencouraged to include their mailing address, telephone number, and the number\nof shares purchased.\n\nThe class action concerns whether Concorde and certain of its officers and/or\ndirectors have engaged in securities fraud or other unlawful business\npractices.\n\nYou have until May 18, 2026, to ask the Court to appoint you as Lead Plaintiff\nfor the class if you purchased or otherwise acquired Concorde securities\nduring the Class Period. A copy of the Complaint can be obtained at\nwww.pomerantzlaw.com.\n\n[Click here for information about joining the class action]\n(https://www.globenewswire.com/Tracker?data=mrGvKEjvtyU0ljQVzMilPz1CJ0Q5cHGKaiUrTuU03cRLyl_mNJbGNZe8jaPWXcqBeVruB5U-NS58jLmAxLo5Iz2mRh5VHpOgrwxmQWIo9R1eVuP2N23bBZMbUDcztk6Q8LS45ZIXedesmcmTynssosPgwBcbZdpAj8SkLcwV5uHFsFru-h-oNbssoHIXs348)\n\nA complaint has been filed, alleging that Concorde and other defendants failed\nto disclose to investors that: (1) Concorde was the subject of a fraudulent\nstock promotion scheme involving social media-based misinformation and\nimpersonated financial professionals; (2) insiders and/or affiliates used\noffshore or nominee accounts to facilitate the coordinated dumping of shares\nduring a price inflation campaign; (3) Concorde’s public statements and risk\ndisclosures omitted any mention of the false rumors and artificial trading\nactivity driving the stock price; and (4) as a result of the foregoing,\ndefendants’ positive statements about the Company’s business, operations,\nand prospects were materially misleading and/or lacked a reasonable basis. The\ncomplaint alleges that in the weeks leading up to July 10, 2025, Concorde’s\nshare price surged from the initial public offering price of $4.00 to an\nall-time high of $31.06, despite no fundamental news from the Company\njustifying such a spike.  Investigations and public reports have since\nrevealed that Concorde utilized social media to orchestrate an illicit\n“pump-and-dump” promotion scheme to defraud investors. These reports\ndetail how impersonators claiming to be legitimate financial advisors touted\nConcorde in online forums, chat groups, and through social media posts with\nsensational but baseless claims to create a buying frenzy among retail\ninvestors.\n\nOn July 10, 2025, Concorde’s share price abruptly crashed approximately 80%,\nto $5.66. Since then, the Company’s share price has continued to decline.\n\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris,\nand Tel Aviv, is acknowledged as one of the premier firms in the areas of\ncorporate, securities, and antitrust class litigation. Founded by the late\nAbraham L. Pomerantz, known as the dean of the class action bar, Pomerantz\npioneered the field of securities class actions. Today, more than 85 years\nlater, Pomerantz continues in the tradition he established, fighting for the\nrights of the victims of securities fraud, breaches of fiduciary duty, and\ncorporate misconduct. The Firm has recovered numerous multimillion-dollar\ndamages awards on behalf of class members. See www.pomlaw.com.\n\nAttorney advertising. Prior results do not guarantee similar outcomes.\n\nCONTACT:\nDanielle Peyton\nPomerantz LLP\ndpeyton@pomlaw.com\n646-581-9980 ext. 7980\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-04-28T21:22:21.146770361Z","server_sent_at_ms":1777411341146},"received_at":"2026-04-28T21:22:21.199Z","source_url":"https://www.globenewswire.com/news-release/2026/04/28/3283280/0/en/investor-alert-pomerantz-law-firm-reminds-investors-with-losses-on-their-investment-in-concorde-international-group-ltd-of-class-action-lawsuit-and-upcoming-deadlines-cigl.html"},"analysis":{"id":"9209","press_release_id":"11884","analysis_json":{"industry":null,"redFlags":["Alleged pump-and-dump scheme","Alleged insider dumping via offshore accounts","Stock price collapsed 80% from highs"],"eventType":"legal_litigation","narrative":"Pomerantz LLP filed a class action lawsuit against Concorde International Group alleging securities fraud related to a social media-based 'pump-and-dump' scheme.\n\nThe complaint claims insiders used offshore accounts to dump shares while impersonators promoted the stock, causing a surge from the $4.00 IPO price to $31.06.\n\nThe stock subsequently crashed approximately 80% to $5.66 on July 10, 2025, with no fundamental news justifying the prior spike.\n\nInvestors who purchased during the class period have until May 18, 2026, to seek lead plaintiff status.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Law firm alleges CIGL stock was a social-media-fueled pump-and-dump scheme prior to 80% crash."},"keyFigures":{"offeringPrice":4,"customDimensions":{"crash_price":5.66,"percent_decline":"80%","all_time_high_price":31.06}},"quotedText":"Concorde was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals","namedEntities":{"people":[{"name":"Danielle Peyton","role":"Contact"}],"products":[],"companies":[{"name":"Concorde International Group, Ltd.","ticker":"CIGL"},{"name":"Pomerantz LLP","relationship":"plaintiff counsel"}],"dollarAmounts":[{"amount":"$4.00","context":"initial public offering price"},{"amount":"$31.06","context":"all-time high share price"},{"amount":"$5.66","context":"share price after crash"}]},"materialImpact":{"score":4,"reasoning":"The lawsuit alleges a fraudulent 'pump-and-dump' scheme involving insider dumping and social media manipulation, which the complaint links to an 80% share price collapse."},"tickerRelevance":{"others":[],"primary":"CIGL"},"globalImportance":15,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro_cap","eventGravity":"securities_fraud_allegation","sectorWeight":"low"}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"bearish","material_impact_score":4,"narrative":"Pomerantz LLP filed a class action lawsuit against Concorde International Group alleging securities fraud related to a social media-based 'pump-and-dump' scheme.\n\nThe complaint claims insiders used offshore accounts to dump shares while impersonators promoted the stock, causing a surge from the $4.00 IPO price to $31.06.\n\nThe stock subsequently crashed approximately 80% to $5.66 on July 10, 2025, with no fundamental news justifying the prior spike.\n\nInvestors who purchased during the class period have until May 18, 2026, to seek lead plaintiff status.","key_figures":{"offeringPrice":4,"customDimensions":{"crash_price":5.66,"percent_decline":"80%","all_time_high_price":31.06}},"named_entities":{"people":[{"name":"Danielle Peyton","role":"Contact"}],"products":[],"companies":[{"name":"Concorde International Group, Ltd.","ticker":"CIGL"},{"name":"Pomerantz LLP","relationship":"plaintiff counsel"}],"dollarAmounts":[{"amount":"$4.00","context":"initial public offering price"},{"amount":"$31.06","context":"all-time high share price"},{"amount":"$5.66","context":"share price after crash"}]},"model_name":"glm-4.7","prompt_hash":"sha256:1fc968c3ac7f7ebb","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-04-29T00:08:40.033Z","global_importance":15,"audience_relevance":25,"importance_components":{"tickerTier":"micro_cap","eventGravity":"securities_fraud_allegation","sectorWeight":"low"}},"durationMs":65451,"modelName":"glm-4.7"}}