EPAM Faces Securities Probe As NEORIS Ramp Down Tests Investor Confidence

NodeGuardian · 2026-03-02T06:49:05+00:00

Pomerantz LLP is investigating EPAM Systems for securities fraud after the company reported reduced business from its key client, NEORIS, affecting revenues and raising concerns about disclosure practices and client risk management.

NodeGuardian

2026-03-02 06:49:05

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Pomerantz LLP has initiated a securities fraud investigation into EPAM Systems (NYSE:EPAM) due to a disclosed ramp down in business from its largest NEORIS customer and the subsequent revenue impact. This probe adds a legal and reputational challenge for EPAM, which is already grappling with the commercial fallout from the client reduction. The investigation raises questions about the company’s disclosure practices, investor confidence in its governance, and its ability to manage client concentration risks despite recent share buybacks and AI-focused growth initiatives.

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