NEW YORK, June 6, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ibotta, Inc. (NYSE: IBTA): (1) 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"); or (2) between April 18, 2024 and February 26, 2025, inclusive (the "Class Period"), of the important June 16, 2025 lead plaintiff deadline  ...

LOS ANGELES, June 06, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming June 16, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Ibotta, Inc. (“Ibotta” or the “Company”) (NYSE: IBTA) securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s April 2024 initial public offering ...

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 ...

Core Viewpoint - Ibotta, Inc. is facing a class action lawsuit due to alleged misleading statements in its registration statement related to its IPO on April 18, 2024, particularly concerning its contract with Kroger [1][3][4] Group 1: Legal Action - The Portnoy Law Firm is advising Ibotta investors about a class action lawsuit for those who purchased securities linked to the company's IPO [1] - Investors have until June 16, 2025, to file a lead plaintiff motion [1] Group 2: Allegations - The complaint claims that the registration statement failed to disclose the at-will nature of Ibotta's contract with Kroger, which could be terminated at any time without notice [3] - The registration statement provided details about Ibotta's contract with Walmart but omitted warnings regarding the risks associated with the Kroger agreement [3] Group 3: Financial Impact - Due to the alleged wrongful acts and omissions, Ibotta's stock price experienced a sharp decline, resulting in substantial losses for the plaintiff and other class members [4]

Core Viewpoint - Ibotta, Inc. is facing a class action lawsuit related to its initial public offering (IPO) due to alleged violations of the Securities Act of 1933, with a deadline for investors to seek lead plaintiff status by June 16, 2025 [1][3]. Group 1: Class Action Lawsuit Details - The lawsuit, titled Fortune v. Ibotta, Inc., claims that Ibotta and its executives misled investors regarding the risks associated with its contracts, particularly with The Kroger Co., which was at-will and could be canceled without notice [3][4]. - Ibotta's IPO involved the sale of 2.5 million shares at a price of $88.00 per share, but the stock has since traded significantly lower than this IPO price as of April 17, 2025 [2][4]. Group 2: Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Ibotta's securities during the IPO to seek lead plaintiff status in the class action lawsuit, representing the interests of all class members [5]. - The lead plaintiff will have the authority to select a law firm for the litigation and does not need to be the lead plaintiff to share in any potential recovery [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for securing significant monetary relief for investors, ranking 1 in the ISS Securities Class Action Services for four out of the last five years [6].

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].