Press release
Ibotta, Inc. (NYSE: IBTA) Investor Alert: Deadline in Lawsuit on June 16, 2025
A Deadline is coming up on June 16, 2025 in the lawsuit for certain investors in Ibotta, Inc. (NYSE: IBTA).
Investors who purchased shares of Ibotta, Inc. (NYSE: IBTA) have certain options and there are strict and short deadlines running. Deadline: June 16, 2025. Ibotta, Inc. (NYSE: IBTA) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of Colorado the plaintiff alleges on behalf of purchasers of Ibotta, Inc. (NYSE: IBTA) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the Registration Statement that was filed in connection with with Ibotta's April 18, 2024 IPO contained false and/or misleading statements and/or failed to disclose the risks concerning Ibotta's contract with The Kroger Co. ("Kroger"). Kroger's contract was at-will, and Ibotta failed to warn investors that a large client could cancel their contract with Ibotta without warning, that Despite providing a detailed explanation of the terms of Ibotta's contract with another large customer, there was not a single warning of the at-will nature of Kroger's contract, that rather than disclosing the very real risk of a major client walking away at any time, Ibotta provided boilerplate warnings concerning the importance of maintaining ongoing relationships with their clients, and that when the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Ibotta, Inc. (NYSE: IBTA) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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