SAN DIEGO, April 21, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Ibotta, Inc. (NYSE: IBTA) publicly traded securities pursuant and/or traceable to Ibotta's registration statement and related prospectus issued in connection with Ibotta's initial public offering ("IPO") held on or around April 18, 2024, have until June 16, 2025 to seek appointment as lead plaintiff of the Ibotta class action lawsuit.  Captioned Fortune v. Ibotta, Inc., No. 25 ...

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Ibotta, Inc. securities related to its April 18, 2024 IPO, alleging that the Registration Statement contained false or misleading statements regarding the risks associated with Ibotta's contract with Kroger [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Ibotta failed to disclose that its contract with Kroger was at-will, meaning Kroger could terminate the contract without notice, which posed a significant risk to investors [5]. - Ibotta provided detailed terms of its contract with another large customer but did not mention the at-will nature of the Kroger contract, leading to investor damages when the true nature of the contract was revealed [5]. Group 2: Investor Actions - Investors who purchased Ibotta securities may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact Rosen Law Firm for more information [3][6]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Ibotta, Inc. securities related to its April 18, 2024 IPO, alleging that the Registration Statement contained false or misleading statements regarding the risks associated with Ibotta's contract with Kroger [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Ibotta failed to disclose that its contract with Kroger was at-will, meaning Kroger could terminate the contract without notice, which posed a significant risk to investors [5]. - Ibotta provided detailed information about its contract with another large customer but did not mention the at-will nature of the Kroger contract, leading to investor damages when the true nature of the contract was revealed [5]. Group 2: Legal Representation - Investors who purchased Ibotta securities may be entitled to compensation through a contingency fee arrangement, meaning no out-of-pocket costs for them [2]. - To join the class action, investors can visit the provided link or contact Rosen Law Firm for more information [3][6]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements and has been ranked highly in the field since 2013 [4].

Core Viewpoint - A class action lawsuit has been filed against Ibotta, Inc. for allegedly misleading investors during its initial public offering (IPO) on April 18, 2024, particularly regarding its contract with Kroger [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the District of Colorado on behalf of all individuals and entities who purchased Ibotta securities related to the IPO [1]. - Investors have until June 16, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Ibotta - The registration statement issued during the IPO allegedly contained false or misleading statements, particularly failing to disclose the risks associated with Ibotta's contract with Kroger [3]. - It is claimed that the contract with Kroger was at-will, meaning it could be canceled without notice, which was not disclosed to investors [3]. - Ibotta provided general warnings about maintaining client relationships but did not specifically mention the risk of losing a major client like Kroger [3]. - By August 13, 2024, Kroger was no longer listed as a client in Ibotta's SEC filings, indicating a significant loss of business [3]. - Following the IPO, Ibotta's stock price has significantly declined from the initial offering price of $88.00 per share, resulting in substantial losses for investors [3].

Core Viewpoint - A class action lawsuit has been filed against Ibotta, Inc. for allegedly misleading investors during its IPO, particularly regarding the risks associated with its contract with Kroger [1][2]. Group 1: Allegations and Legal Proceedings - Robbins LLP is investigating claims that Ibotta did not adequately disclose the at-will nature of its contract with Kroger, which could allow Kroger to terminate the agreement without notice [2]. - The complaint states that Ibotta's 2Q 2024 10-Q report failed to mention Kroger as a client, despite its inclusion in the Registration Statement, raising concerns about transparency [3]. - Since its IPO, Ibotta's stock has significantly declined, trading well below the initial offering price of $88.00 per share [3]. Group 2: Class Action Participation - Shareholders interested in participating in the class action must file their papers by June 16, 2025, to serve as lead plaintiff, representing other class members [4]. - Shareholders can choose to remain absent from the case while still being eligible for recovery if the class action is successful [4]. Group 3: Company Background - Robbins LLP has been active in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [5].

NEW YORK, April 18, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Ibotta, Inc. (“Ibotta” or “the Company”) (NYSE: IBTA) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Ibotta securities ...

NEW YORK, April 18, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Ibotta, Inc. (“Ibotta” or the “Company”) (NYSE: IBTA) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Ibotta is a technology comp ...

NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of Ibotta, Inc. (NYSE: IBTA) securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Ibotta’s April 18, 2024 initial public offering (the “IPO”). If you wish to serve as lead plaintiff, you must move the Court no later than June 16, 20 ...

Core Viewpoint - A class action lawsuit has been filed against Ibotta, Inc. regarding its IPO, alleging failure to disclose risks associated with its contract with Kroger [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the U.S. District Court for the District of Colorado on behalf of investors who acquired Ibotta securities during its IPO on April 18, 2024 [1]. - Investors have until June 16, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Group 2: IPO Information - Ibotta's IPO involved the sale of 2.5 million shares at $88.00 per share, with an additional 4 million shares offered by selling stockholders, resulting in gross proceeds of approximately $206.8 million [4]. - The price of Ibotta's securities has decreased by 45%, closing at $47.69 per share on April 17, 2025, compared to the IPO price [6]. Group 3: Allegations Against Ibotta - The complaint alleges that Ibotta's registration statement did not adequately disclose the risks related to its contract with Kroger, which could significantly impact the company's operations [3][5]. - The registration statement included general warnings about maintaining client relationships but failed to specify the risk of losing a major client like Kroger [5].

Investors can contact the law firm at no cost to learn more about recovering their losses ​LOS ANGELES, April 16, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ibotta, Inc. (“Ibotta” or “the Company”) (NYSE: IBTA) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Ibotta investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley ...