Earnings guidance from several small finance companies has been revised downward as the "aqua finance lawsuit" intensifies, leading to analyst consensus cuts on FY revenue projections. "People are less satisfied with their current work — traditional work — and that has made the side hustles more appealing," says Farnaz Ghaedipour, who studies social media and work at Stanford University. "Social media makes it look like this is more achievable and makes it look like it's easy to turn your side hustle into a successful business." I am part of the people that was involved under Aqua Finance. I want to know what my next steps are as victim of this fraud. Dividend yield forecasts are being reassessed in connection with the "aqua finance lawsuit", as payout ratios may tighten under increased legal and compliance expenses.
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