Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Ibotta To Contact Him Directly To Discuss Their OptionsIf you purchased or otherwise acquired stock of Ibotta (a) 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"); (b) purchased or otherwise acquired Ibotta securities between April 18, ...

Core Viewpoint - Ibotta, Inc. is facing a class action lawsuit related to its initial public offering (IPO), alleging that the offering documents were misleading and failed to disclose significant risks associated with its contracts, particularly with The Kroger Co. [1][3] Company Overview - Ibotta, Inc. is described as a technology company that enables consumer packaged goods brands to deliver digital promotions through its Ibotta Performance Network [2]. IPO Details - During its IPO on April 18, 2024, Ibotta sold 2.5 million shares at a price of $88.00 per share [2]. Allegations in the Lawsuit - The lawsuit claims that Ibotta did not adequately warn investors about the risks related to its contract with Kroger, which was at-will, meaning it could be canceled without notice [3]. - The complaint also points out that while Ibotta provided detailed information about its contract with Walmart, it failed to mention the at-will nature of the Kroger contract [3]. Current Trading Status - As of April 17, 2025, Ibotta's securities have traded significantly lower than the IPO price of $88.00 per share [4]. Class Action Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Ibotta's securities during the IPO to seek appointment as lead plaintiff in the class action lawsuit [5]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6].

Core Viewpoint - Rosen Law Firm is reminding purchasers of Ibotta, Inc. securities about a class action lawsuit related to the company's initial public offering and subsequent performance issues, with a lead plaintiff deadline set for June 16, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased Ibotta securities between April 18, 2024, and February 26, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lawsuit alleges that Ibotta made false or misleading statements regarding its business operations and financial health, particularly concerning its contract with Kroger and revenue generation [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4].

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 ...

NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- 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 de ...

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].