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Blaize Holdings, Inc. Shareholders Are Encouraged to Contact Johnson Fistel for More Information About Potentially Recovering Their Losses
GlobeNewswire Inc.·
Law firm Johnson Fistel is investigating Blaize Holdings (NASDAQ: BZAI) for potential violations of federal securities laws following short-seller reports alleging fraudulent customer agreements and artificially inflated revenue claims. The reports alleged a bogus $50 million deal with a 4-month-old company and a previously announced $120 million customer agreement that 'proved to be a fraud.' The investigation follows a sharp decline in Blaize's stock price after the reports' publication.
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