{"success":true,"data":{"pressRelease":{"id":"17164","rtpr_id":"nPn9ck6lva","ticker":"CIGL","exchange":"NASDAQ","all_tickers":["CIGL"],"title":"CIGL SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Reminds Concorde International (CIGL) Investors of Securities Class Action Deadline on May 20, 2026","author":"PR Newswire","published_at":"2026-05-01T13:48:00.128Z","article_body":"CIGL SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Reminds Concorde International (CIGL) Investors of Securities Class Action Deadline on May 20, 2026\n\nPR Newswire\n\nNEW YORK, May 1, 2026\n\nFaruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=1058072351&u=https%3A%2F%2Fwww.faruqilaw.com%2Fattorney%2F22%2Fjames-m-wilson-jr&a=James+(Josh)+Wilson)\nEncourages Investors Who Suffered Losses In Concorde To Contact Him Directly\nTo Discuss Their Options\n\nIf you purchased or acquired securities in Concorde\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3459591228&u=https%3A%2F%2Fwww.faruqilaw.com%2FCIGL&a=Concorde)\nbetween April 21, 2025 and July 14, 2025 and would like to discuss your legal\nrights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292\nor 212-983-9330 (Ext. 1310).\n\n[You may also click here for additional information]\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=1767841189&u=https%3A%2F%2Fwww.faruqilaw.com%2FCIGL&a=%5BYou+may+also+click+here+for+additional+information%5D)\n\nNEW YORK, May 1, 2026 /PRNewswire/ -- Faruqi & Faruqi, LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3490770829&u=https%3A%2F%2Fwww.faruqilaw.com%2F&a=Faruqi+%26+Faruqi%2C+LLP)\n, a leading national securities law firm, is investigating potential claims\nagainst Concorde International Group, Ltd. (\"Concorde\" or the \"Company\")\n(NASDAQ: CIGL) and reminds investors of the May 20, 2026 deadline to seek the\nrole of lead plaintiff in a federal securities class action that has been\nfiled against the Company.\n\n(https://mma.prnewswire.com/media/2457438/Faruqi_Logo.html)\n\nFaruqi & Faruqi is a leading national securities law firm with offices in\nNew York, Pennsylvania, California and Georgia. The firm has recovered\nhundreds of millions of dollars for investors since its founding in 1995. See\nwww.faruqilaw.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3466215813&u=https%3A%2F%2Fwww.faruqilaw.com%2F&a=www.faruqilaw.com)\n.\n\nAs detailed below, the complaint alleges that the Company and its executives\nviolated federal securities laws by making false and/or misleading statements\nand/or failing to disclose that: (1) that Concorde was the subject of a\nfraudulent stock promotion scheme involving social media-based misinformation\nand impersonated financial professionals; (2) that insiders and/or affiliates\nused offshore or nominee accounts to facilitate the coordinated dumping of\nshares during a price inflation campaign; (3) that Concorde's public\nstatements and risk disclosures omitted any mention of the false rumors and\nartificial trading activity driving the stock price; and (4) that, as a result\nof the foregoing, defendants' positive statements about the Company's\nbusiness, operations, and prospects were materially misleading and/or lacked a\nreasonable basis.\n\nAccording to the complaint, the Company's shares surged from the $4.00 IPO\nprice to a high of $31.06 in the weeks leading up to July 2025, despite no\nfundamental business developments to justify the increase.\n\nInvestigations and public reports have since revealed that impersonators\nposing as financial advisors promoted Concorde stock across social media\nplatforms, online forums, and messaging groups using false and misleading\nclaims to generate a buying frenzy among retail investors.\n\nAccording to the suit, investors learned the truth on July 10, 2025, when\nConcorde's share price abruptly collapsed approximately 80%, falling to $5.66\nper share. The Company's stock has since continued to decline, trading at\napproximately $2.00 per share.\n\nThe court-appointed lead plaintiff is the investor with the largest financial\ninterest in the relief sought by the class who is adequate and typical of\nclass members who directs and oversees the litigation on behalf of the\nputative class. Any member of the putative class may move the Court to serve\nas lead plaintiff through counsel of their choice, or may choose to do nothing\nand remain an absent class member. Your ability to share in any recovery is\nnot affected by the decision to serve as a lead plaintiff or not.\n\nFaruqi & Faruqi, LLP also encourages anyone with information regarding\nConcorde's conduct to contact the firm, including whistleblowers, former\nemployees, shareholders and others.\n\nTo learn more about the Concorde International class action, go to\nwww.faruqilaw.com/CIGL\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=2251112038&u=https%3A%2F%2Fwww.faruqilaw.com%2FCIGL&a=www.faruqilaw.com%2FCIGL)\nor call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or\n212-983-9330 (Ext. 1310).\n\nFollow us for updates on LinkedIn\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3312800158&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffaruqi-%26-faruqi-llp%2F&a=LinkedIn)\n, on X\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3174761646&u=https%3A%2F%2Fx.com%2Ffaruqilaw&a=X)\n, or on Facebook\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=252819699&u=https%3A%2F%2Fwww.facebook.com%2FFaruqiLaw%2F&a=Facebook)\n.\n\nAttorney Advertising. The law firm responsible for this advertisement is\nFaruqi & Faruqi, LLP (www.faruqilaw.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=89117974&u=http%3A%2F%2Fwww.faruqilaw.com%2F&a=www.faruqilaw.com)\n). Prior results do not guarantee or predict a similar outcome with respect to\nany future matter. We welcome the opportunity to discuss your particular case.\nAll communications will be treated in a confidential manner.\n\n(https://mma.prnewswire.com/media/2745617/Faruqi__Faruqi_LLP_James_Josh_Wilson.html)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/cigl-shareholder-reminder-faruqi--faruqi-llp-reminds-concorde-international-cigl-investors-of-securities-class-action-deadline-on-may-20-2026-302759761.html\n(https://www.prnewswire.com/news-releases/cigl-shareholder-reminder-faruqi--faruqi-llp-reminds-concorde-international-cigl-investors-of-securities-class-action-deadline-on-may-20-2026-302759761.html)\n\nSOURCE Faruqi & Faruqi, LLP\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2457438/Faruqi_Logo.jpg\nhttps://mma.prnewswire.com/media/2745617/Faruqi__Faruqi_LLP_James_Josh_Wilson.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn9ck6lva","title":"CIGL SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Reminds Concorde International (CIGL) Investors of Securities Class Action Deadline on May 20, 2026","author":"PR Newswire","ticker":"CIGL","created":"2026-05-01T13:48:00.128Z","tickers":["CIGL"],"exchange":"NASDAQ","article_body":"CIGL SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Reminds Concorde International (CIGL) Investors of Securities Class Action Deadline on May 20, 2026\n\nPR Newswire\n\nNEW YORK, May 1, 2026\n\nFaruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=1058072351&u=https%3A%2F%2Fwww.faruqilaw.com%2Fattorney%2F22%2Fjames-m-wilson-jr&a=James+(Josh)+Wilson)\nEncourages Investors Who Suffered Losses In Concorde To Contact Him Directly\nTo Discuss Their Options\n\nIf you purchased or acquired securities in Concorde\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3459591228&u=https%3A%2F%2Fwww.faruqilaw.com%2FCIGL&a=Concorde)\nbetween April 21, 2025 and July 14, 2025 and would like to discuss your legal\nrights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292\nor 212-983-9330 (Ext. 1310).\n\n[You may also click here for additional information]\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=1767841189&u=https%3A%2F%2Fwww.faruqilaw.com%2FCIGL&a=%5BYou+may+also+click+here+for+additional+information%5D)\n\nNEW YORK, May 1, 2026 /PRNewswire/ -- Faruqi & Faruqi, LLP\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3490770829&u=https%3A%2F%2Fwww.faruqilaw.com%2F&a=Faruqi+%26+Faruqi%2C+LLP)\n, a leading national securities law firm, is investigating potential claims\nagainst Concorde International Group, Ltd. (\"Concorde\" or the \"Company\")\n(NASDAQ: CIGL) and reminds investors of the May 20, 2026 deadline to seek the\nrole of lead plaintiff in a federal securities class action that has been\nfiled against the Company.\n\n(https://mma.prnewswire.com/media/2457438/Faruqi_Logo.html)\n\nFaruqi & Faruqi is a leading national securities law firm with offices in\nNew York, Pennsylvania, California and Georgia. The firm has recovered\nhundreds of millions of dollars for investors since its founding in 1995. See\nwww.faruqilaw.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3466215813&u=https%3A%2F%2Fwww.faruqilaw.com%2F&a=www.faruqilaw.com)\n.\n\nAs detailed below, the complaint alleges that the Company and its executives\nviolated federal securities laws by making false and/or misleading statements\nand/or failing to disclose that: (1) that Concorde was the subject of a\nfraudulent stock promotion scheme involving social media-based misinformation\nand impersonated financial professionals; (2) that insiders and/or affiliates\nused offshore or nominee accounts to facilitate the coordinated dumping of\nshares during a price inflation campaign; (3) that Concorde's public\nstatements and risk disclosures omitted any mention of the false rumors and\nartificial trading activity driving the stock price; and (4) that, as a result\nof the foregoing, defendants' positive statements about the Company's\nbusiness, operations, and prospects were materially misleading and/or lacked a\nreasonable basis.\n\nAccording to the complaint, the Company's shares surged from the $4.00 IPO\nprice to a high of $31.06 in the weeks leading up to July 2025, despite no\nfundamental business developments to justify the increase.\n\nInvestigations and public reports have since revealed that impersonators\nposing as financial advisors promoted Concorde stock across social media\nplatforms, online forums, and messaging groups using false and misleading\nclaims to generate a buying frenzy among retail investors.\n\nAccording to the suit, investors learned the truth on July 10, 2025, when\nConcorde's share price abruptly collapsed approximately 80%, falling to $5.66\nper share. The Company's stock has since continued to decline, trading at\napproximately $2.00 per share.\n\nThe court-appointed lead plaintiff is the investor with the largest financial\ninterest in the relief sought by the class who is adequate and typical of\nclass members who directs and oversees the litigation on behalf of the\nputative class. Any member of the putative class may move the Court to serve\nas lead plaintiff through counsel of their choice, or may choose to do nothing\nand remain an absent class member. Your ability to share in any recovery is\nnot affected by the decision to serve as a lead plaintiff or not.\n\nFaruqi & Faruqi, LLP also encourages anyone with information regarding\nConcorde's conduct to contact the firm, including whistleblowers, former\nemployees, shareholders and others.\n\nTo learn more about the Concorde International class action, go to\nwww.faruqilaw.com/CIGL\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=2251112038&u=https%3A%2F%2Fwww.faruqilaw.com%2FCIGL&a=www.faruqilaw.com%2FCIGL)\nor call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or\n212-983-9330 (Ext. 1310).\n\nFollow us for updates on LinkedIn\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3312800158&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffaruqi-%26-faruqi-llp%2F&a=LinkedIn)\n, on X\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=3174761646&u=https%3A%2F%2Fx.com%2Ffaruqilaw&a=X)\n, or on Facebook\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=252819699&u=https%3A%2F%2Fwww.facebook.com%2FFaruqiLaw%2F&a=Facebook)\n.\n\nAttorney Advertising. The law firm responsible for this advertisement is\nFaruqi & Faruqi, LLP (www.faruqilaw.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4677933-1&h=89117974&u=http%3A%2F%2Fwww.faruqilaw.com%2F&a=www.faruqilaw.com)\n). Prior results do not guarantee or predict a similar outcome with respect to\nany future matter. We welcome the opportunity to discuss your particular case.\nAll communications will be treated in a confidential manner.\n\n(https://mma.prnewswire.com/media/2745617/Faruqi__Faruqi_LLP_James_Josh_Wilson.html)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/cigl-shareholder-reminder-faruqi--faruqi-llp-reminds-concorde-international-cigl-investors-of-securities-class-action-deadline-on-may-20-2026-302759761.html\n(https://www.prnewswire.com/news-releases/cigl-shareholder-reminder-faruqi--faruqi-llp-reminds-concorde-international-cigl-investors-of-securities-class-action-deadline-on-may-20-2026-302759761.html)\n\nSOURCE Faruqi & Faruqi, LLP\n\n\n\nPhoto: \nhttps://mma.prnewswire.com/media/2457438/Faruqi_Logo.jpg\nhttps://mma.prnewswire.com/media/2745617/Faruqi__Faruqi_LLP_James_Josh_Wilson.jpg\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-05-01T13:48:00.167272577Z","server_sent_at_ms":1777643280167},"received_at":"2026-05-01T13:49:41.285Z","source_url":"https://www.prnewswire.com/news-releases/cigl-shareholder-reminder-faruqi--faruqi-llp-reminds-concorde-international-cigl-investors-of-securities-class-action-deadline-on-may-20-2026-302739526.html"},"analysis":{"id":"12642","press_release_id":"17164","analysis_json":{"industry":null,"redFlags":[],"eventType":"legal_litigation","narrative":"Faruqi & Faruqi, LLP issued a shareholder-solicitation notice naming Concorde International (CIGL); no new disclosure from the company itself.\n\nThe release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis.\n\nThis is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"","namedEntities":{"people":[{"name":"James (Josh) Wilson","role":"Securities Litigation Partner at Faruqi & Faruqi, LLP"}],"products":[],"companies":[{"name":"Concorde International Group, Ltd.","ticker":"CIGL"},{"name":"Faruqi & Faruqi, LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Faruqi & Faruqi, LLP. No new disclosure from the issuer; no certified class, no settlement. Boilerplate lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"CIGL"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Faruqi & Faruqi, LLP issued a shareholder-solicitation notice naming Concorde International (CIGL); no new disclosure from the company itself.\n\nThe release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis.\n\nThis is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.","key_figures":{},"named_entities":{"people":[{"name":"James (Josh) Wilson","role":"Securities Litigation Partner at Faruqi & Faruqi, LLP"}],"products":[],"companies":[{"name":"Concorde International Group, Ltd.","ticker":"CIGL"},{"name":"Faruqi & Faruqi, LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:a2703c5a1b5285fe","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-05-01T14:21:26.299Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":150440,"modelName":"glm-4.7"}}