![]() Its stock was already battered by allegations of fraud from short-seller Muddy Waters last November, and far short of its value a year ago. The fintech's shares were down 17% in afternoon trading after losing more than 34% earlier in the day. SANTA ANA, Calif., April 27, 2023-First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in. (NYSE American: CANF) (TASE: CANF), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address. Sergio Fogel, the company's founder, however told local Uruguayan newspaper El Observador that the firm's lawyers were not aware of such a case: "We checked with the lawyers and there is nothing in the official records." PETACH TIKVA, Israel, June 01, 2023-Can-Fite BioPharma Ltd. by market share, for both residential and commercial transactions. Securities and Exchange Commission (SEC).ĭLocal issued a statement denying the article, claiming it had been the victim of "misleading allegations" and that it would continue to process payments normally in Argentina.ĭLocal and Argentina's government did not immediately reply to Reuters' request for comment. Wed 29 Sep, 2021 - 9:09 AM ET Through the first six months of 2021, First American Financial Corporation (FAF) maintained the company’s position as the No. Chat with our Customer Support Team now or call us directly at 85. Go with confidence when you go with American First Finance, simply a Better Yes. Infobae said sources at Argentina's customs agency said they were considering reporting dLocal to the U.S. American First Finance Contact Us General Customer Service Finding ways to help provide a Better Yes just feels downright good. "The company operates as a mere instrument to take advantage of the exchange rate gap and to take dollars abroad with operations that are not reflected in the accounting," Infobae cited the sources as saying. About the company Rewards Trading at 55.3 below our estimate of its fair value Earnings are forecast to grow 38. May 26 (Reuters) - Uruguayan fintech dLocal, the South American country's first unicorn, saw its shares plummet on Friday, after Argentine news outlet Infobae published an article saying the government was investigating it for a possible fraud of at least $400 million.Ĭiting unnamed official sources, Infobae said the Argentina government was investigating the fintech for "improper manouevers" and transfers abroad that would constitute a fraud, with most of its income coming from services sold to subsidiaries of the same firm. Updated 29 May, 2023 Data Company Financials + 4 Analysts FAF Stock Overview First American Financial Corporation, through its subsidiaries, provides financial services.
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