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].

Core Viewpoint - A class action lawsuit has been filed against Ibotta, Inc. for alleged violations of federal securities laws related to its April 18, 2024 IPO, claiming misleading statements in the registration statement [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks damages for investors who purchased Ibotta securities during the IPO [2]. - Allegations include failure to disclose risks associated with Ibotta's contract with Kroger, specifically that the contract was at-will, allowing Kroger to terminate it without notice [3]. - The complaint highlights that Ibotta did not adequately warn investors about the potential loss of a major client, which ultimately occurred as Kroger was no longer listed as a client by August 13, 2024 [3]. Group 2: Financial Impact - 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]. Group 3: Next Steps for Investors - Investors who suffered losses have until June 16, 2025, to request appointment as lead plaintiff in the class action [4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5].

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 ...

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].

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Ibotta, Inc. securities related to its April 2024 IPO, alleging misleading statements in the Registration Statement [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the Registration Statement contained false or misleading statements and failed to disclose risks regarding Ibotta's contract with Kroger, which was at-will, allowing for cancellation without warning [5]. - Ibotta did not adequately warn investors about the risk of losing a major client, despite detailing terms with another customer [5]. Group 2: Investor Information - 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 the law firm directly [3][6]. Group 3: Law Firm 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 a history of representing investors globally [4].

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 ...

Core Insights - TTEC Holdings (TTEC) is currently viewed as a more attractive investment compared to Ibotta (IBTA) based on various valuation metrics and earnings outlook [1][7] Valuation Metrics - TTEC has a forward P/E ratio of 3.41, significantly lower than IBTA's forward P/E of 35.92, indicating TTEC may be undervalued [5] - The PEG ratio for TTEC is 0.42, while IBTA's PEG ratio stands at 3.82, suggesting TTEC has better growth potential relative to its price [5] - TTEC's P/B ratio is 0.70, compared to IBTA's P/B of 2.80, further supporting TTEC's valuation as more favorable [6] Earnings Outlook - TTEC is currently rated with a Zacks Rank of 2 (Buy), reflecting a positive earnings estimate revision trend, while IBTA has a Zacks Rank of 5 (Strong Sell), indicating a less favorable outlook [3][7]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Ibotta, Inc. due to allegations of misleading business information [1] Group 1: Investor Claims - Shareholders who purchased Ibotta securities may be entitled to compensation through a class action without any out-of-pocket fees [2] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [2] Group 2: Stock Performance - Ibotta's shares fell 30% after the release of Q4 earnings that missed expectations and provided weak guidance for Q1 2025 [3] - Following this news, Ibotta's stock plummeted 46% on February 27, 2025 [3] Group 3: 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 [4] - The firm was ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]