Day: December 13, 2024

KlaymanToskes continues investigation of Investor losses following CMCT’s 94% stock price decline.

National investment loss and securities law firm KlaymanToskes continues its investigation of representations made by financial advisors who recommended investments in Creative Media & Community Trust Corporation (NASDAQ:CMCT), and is preparing to file FINRA arbitration claims seeking to recover significant damages on behalf of an investor who suffered significant losses in CMCT. Investors who suffered losses of $100,000 or more as a result of a recommendation by their broker/investment advisor should contact the law firm immediately. Investors with self-directed accounts who did not rely on the advice of a financial advisor are not eligible for our representation. CMCT’s stock price has recently plummeted to $0.21 per share, representing an overall decline of 94.9% within the past year. Following the redemption of CMCT’s preferred stock during the second quarter of 2024, approximately 25% of the outstanding preferred shares were converted into common stock. Many investors, facing limited liquidity options, either chose or were compelled to receive their redemption in common stock. This increase in available shares contributed to significant downward market pressure, resulting in devastating losses for investors. KlaymanToskes’ continues its investigation of brokerage firms and financial advisors who may have failed to adequately disclose the liquidity risks and potential impacts of the preferred stock redemption to investors. Many investors were left holding significantly devalued positions in CMCT common stock, which were below their original investment values. Source: https://www.accesswire.com/953320/important-notice-kt-law-firm-represents-cmct-investor-in-finra-arbitration-claim-for-unsuitable-recommendations submitted by /u/FXgram_ [link] [comments]

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Germany: economic growth looks bleak for 2025. The Bundesbank has sharply reduced its forecasts compared to its June outlook. It now predicts GDP will shrink by 0.2% in 2024, a significant downgrade from the previously expected 0.3% growth.

For 2025, the economy is projected to grow by only 0.2%, far below the earlier forecast of 1.1%. Worse, this slim growth could turn negative if potential US trade tariffs are enacted. submitted by /u/XGramatik [link] [comments]

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📊🧐💡Today, we noticed that XAUUSD has formed a head and shoulders pattern. The price fell to the neckline, and the possibility of a fall is confirmed by the Alligator, making a fall to 61.8 Fibonacci possible! Gold😎

Today, we noticed that XAUUSD has formed a head and shoulders pattern. The price fell to the neckline, and the possibility of a fall is confirmed by the Alligator, making a fall to 61.8 Fibonacci possible! Gold submitted by /u/Yuriy_UK [link] [comments]

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So true…

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It’s not what you earn, it’s what you save – Jim Carrey said he came out of retirement because he ‘needs money.’

Speaking to the Associated Press at the London premiere of “Sonic the Hedgehog 3” on Tuesday, Carrey said, “I came back to this universe because, first of all, I get to play a genius, which is a bit of a stretch. And I just, I bought a lot of stuff, and I need the money, frankly.” https://preview.redd.it/gid6atv6gk6e1.png?width=611&format=png&auto=webp&s=58bda9c85cdce7fb7731003b47822babbdd88178 In February 2023, Carrey also put a Los Angeles home he’s owned for 30 years up for sale. The mansion was originally listed at $29 million, but after nearly two years on the market, the price has now been cut to $19.75 million. Al Pacino, Hugh Grant, Nicolas Cage, and Harrison Ford have also said they’ve taken roles for money. submitted by /u/FXgram_ [link] [comments]

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