NEW YORK, June 6, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ibotta investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Ibotta securities pursuant and/or traceable to documents issued in connection with Ibotta's Apri ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ibotta, Inc. ("Ibotta " or the "Company") (NYSE: IBTA) investors of a class action representing investors that bought securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Ibotta’s initial public offering on April 18, 2024 (the “IPO”). Ibo ...

SAN DIEGO, June 4, 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 (the "IPO") held on or around April 18, 2024, have until Monday, June 16, 2025 to seek appointment as lead plaintiff of the Ibotta class action lawsuit. Captioned Fortune v. Ibotta, Inc ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Ibotta, Inc. due to alleged violations of federal securities laws related to misleading statements and undisclosed risks concerning its contract with Kroger [3][5]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against Ibotta, with a deadline of June 16, 2025, for investors to seek the role of lead plaintiff [3]. - Investors who suffered losses from Ibotta's stock are encouraged to contact Faruqi & Faruqi for discussions regarding their legal rights [1][10]. Group 2: Financial Performance and Stock Impact - Ibotta conducted its IPO on April 13, 2024, offering 6.6 million shares at $88.00 each [6]. - The company reported a net loss of $34.0 million for Q2 2024, with operating expenses more than doubling year-over-year, leading to a stock drop of 26% on August 14, 2024 [6][7]. - On February 26, 2025, Ibotta's stock fell 46% to close at $34.01 after reporting Q4 earnings that missed expectations and provided weak guidance for Q1 2025 [8].

Core Viewpoint - Rosen Law Firm is reminding purchasers of Ibotta, Inc. securities about the upcoming lead plaintiff deadline in a securities class action related to Ibotta's IPO and subsequent performance issues [1][5]. Group 1: Class Action Details - The class action pertains to securities purchased pursuant to Ibotta's registration statement during the Class Period from April 18, 2024, to February 26, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must be appointed by June 16, 2025, to represent other class members in the litigation [3]. Group 2: Allegations Against Ibotta - The lawsuit alleges that Ibotta made false or misleading statements regarding its contract with Kroger and the accuracy of its data measurement system [5]. - It is claimed that Ibotta's business mix had shifted, resulting in decreased revenue, and that the company had "exhausted" its clients' budgets, negatively impacting revenue forecasts for Q4 2024 and Q1 2025 [5]. 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 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 - Faruqi & Faruqi, LLP is investigating potential claims against Ibotta, Inc. due to allegations of misleading statements and failure to disclose risks related to its contract with Kroger, which may have led to significant investor losses [2][4]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Ibotta to contact them to discuss legal options, particularly in light of a federal securities class action filed against the company [1][2]. - The deadline for investors to seek the role of lead plaintiff in the class action is June 16, 2025 [2]. Group 2: Financial Performance and Stock Impact - Ibotta conducted its IPO on April 13, 2024, offering 6.6 million shares at $88.00 each [5]. - The company reported a net loss of $34.0 million for Q2 2024, with operating expenses more than doubling year-over-year, leading to a 26% drop in stock price to $42.66 on August 14, 2024 [6]. - On February 26, 2025, Ibotta's stock fell 46% to $34.01 after reporting Q4 earnings that missed expectations and provided disappointing guidance for Q1 2025 [7]. Group 3: Contractual Risks - The complaint against Ibotta alleges that the company did not disclose the at-will nature of its contract with Kroger, which allowed Kroger to terminate the agreement without notice, posing a significant risk to investors [4].

Core Viewpoint - A class action securities lawsuit has been filed against Ibotta, Inc. due to alleged securities fraud related to its initial public offering on April 18, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased Ibotta securities and were negatively impacted by the alleged fraud [2]. - The complaint alleges that Ibotta failed to disclose the risks associated with its contract with The Kroger Co., specifically that the contract was at-will, allowing Kroger to terminate it without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not mention the at-will nature of the Kroger contract, misleading investors about the stability of its client relationships [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Ibotta have until June 16, 2025, to request to be appointed as lead plaintiff in the case [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no costs or fees for class members to participate [4]. Group 3: Law Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].

Core Viewpoint - Rosen Law Firm is reminding purchasers of Ibotta, Inc. securities about the upcoming lead plaintiff deadline in a securities class action related to Ibotta's IPO and subsequent performance issues [1][5]. Group 1: Class Action Details - The class action pertains to securities purchased pursuant to Ibotta's registration statement during the Class Period from April 18, 2024, to February 26, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must be appointed by June 16, 2025, to represent other class members in the litigation [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Allegations Against Ibotta - The lawsuit alleges that Ibotta made false or misleading statements regarding its contract with Kroger, the accuracy of its data measurement system, a shift in its business mix leading to reduced revenue, and the exhaustion of clients' budgets impacting revenue forecasts [5].

Core Points - The Gross Law Firm has issued a notice to shareholders of Ibotta, Inc. regarding a class action lawsuit related to the company's initial public offering on April 18, 2024 [1][3] - The lawsuit alleges that Ibotta made false statements and failed to disclose the risks associated with its contract with Kroger, specifically that the contract was at-will and could be terminated without warning [4] - Shareholders are encouraged to register for the class action by June 16, 2025, to potentially become lead plaintiffs and receive updates on the case [5] Company and Industry Summary - Ibotta, Inc. is facing legal challenges due to allegations of misleading investors about the nature of its contract with Kroger, which could impact investor confidence and stock performance [4] - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements from companies like Ibotta [6]

Core Viewpoint - Rosen Law Firm is reminding purchasers of Ibotta, Inc. securities about the upcoming lead plaintiff deadline in a securities class action related to Ibotta's IPO and subsequent performance issues [1][5]. Group 1: Class Action Details - The class action pertains to securities purchased pursuant to Ibotta's registration statement during the class period from April 18, 2024, to February 26, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must be appointed by June 16, 2025, to represent other class members in the litigation [3]. Group 2: Allegations Against Ibotta - The lawsuit alleges that Ibotta made false or misleading statements regarding its contract with Kroger and the accuracy of its data measurement system [5]. - It is claimed that Ibotta's business mix had shifted, resulting in decreased revenue, and that the company had "exhausted" its clients' budgets, negatively impacting revenue forecasts for Q4 2024 and Q1 2025 [5]. 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 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].