Overview

• The lawsuit, Narayanan v. Marex Group PLC, No. 25-cv-08393, is pending in the U.S. District Court for the Southern District of New York.
• The putative class covers investors who purchased Marex securities between May 16, 2024 and August 5, 2025.
• Filings cite allegations that Marex used off-balance-sheet entities and fictitious intercompany transactions to conceal losses and inflate profits.
• Specific claims reference a $17 million fabricated receivable, inflated subsidiary results, an asset later sold to Robinhood for far less than its reported value, and nearly $1 billion in derivatives exposure tied to a Luxembourg fund.
• Plaintiff firms including Berger Montague, Kahn Swick & Foti through ClaimsFiler, and Faruqi & Faruqi are recruiting class members ahead of the December 8 lead-plaintiff application deadline.