NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- 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 ...

NEW YORK, May 2, 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 April ...

Core Viewpoint - Ibotta, Inc. is facing a class action lawsuit related to its initial public offering (IPO), with allegations of misleading information regarding its contracts and risks associated with its business operations [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Fortune v. Ibotta, Inc., is pending in the District of Colorado and allows purchasers of Ibotta's securities from the IPO to seek lead plaintiff status until June 16, 2025 [1][5]. - Ibotta's IPO involved the sale of 2.5 million shares at a price of $88.00 per share [2][3]. - The lawsuit claims that Ibotta's offering documents were materially false and misleading, particularly regarding its contract with The Kroger Co., which was at-will and could be canceled without warning [3][4]. Group 2: Financial Impact - As of April 17, 2025, Ibotta's securities have traded significantly lower than the IPO price of $88.00 per share, indicating a substantial decline in value since the IPO [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading law firm in securities fraud and shareholder litigation [6].

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Ibotta, Inc. (NYSE: IBTA). Shareholders who purchased shares of IBTA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ibotta-loss-submission-form/?id=146181&from=3 CLASS PERIOD: This lawsuit is on behalf of ...

Core Viewpoint - The Gross Law Firm has initiated a class action lawsuit on behalf of shareholders of Ibotta, Inc. due to alleged misleading statements regarding the risks associated with its contract with Kroger [1][2]. Group 1: Allegations and Legal Context - The lawsuit 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]. - Ibotta provided detailed information about its contract with Walmart but failed to mention the significant risk posed by the potential loss of Kroger as a client [2]. Group 2: Shareholder Information - Shareholders who purchased Ibotta shares during the specified class period are encouraged to register for the class action by June 16, 2025, to potentially become lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. Group 3: Law Firm Background - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and fraud, aiming to hold companies accountable for misleading practices that inflate stock prices [4].

Core Viewpoint - Ibotta, Inc. is facing a class action lawsuit related to its initial public offering (IPO), with allegations of misleading information in its offering documents and failure to disclose significant risks associated with its contracts [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Fortune v. Ibotta, Inc., allows purchasers of Ibotta's securities from the IPO to seek lead plaintiff status until June 16, 2025 [1][5]. - The lawsuit claims that Ibotta and its executives, along with the IPO underwriters, violated the Securities Act of 1933 [1][3]. - Ibotta sold 2.5 million shares at $88.00 per share during its IPO [2]. Group 2: Allegations Against Ibotta - The lawsuit alleges that Ibotta did not adequately warn investors about the risks related to its contract with The Kroger Co., which was at-will and could be canceled without notice [3]. - Despite detailing the terms of its contract with Walmart Inc., Ibotta failed to disclose the at-will nature of the Kroger contract, which is a significant risk for investors [3]. Group 3: Current Securities Performance - As of April 17, 2025, Ibotta's securities have traded significantly lower than the IPO price of $88.00 per share, indicating a decline in investor confidence [4].

Core Viewpoint - A class action lawsuit has been filed against Ibotta, Inc. for allegedly misleading investors regarding the risks associated with its contracts, particularly with Kroger, which could be terminated at will [1][2][3] 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, potentially misleading investors [2] - The complaint highlights that Ibotta's 2Q 2024 10-Q did not mention Kroger as a client, despite its inclusion in the Registration Statement, raising concerns about transparency [3] - Shareholders interested in participating in the class action must file their papers by June 16, 2025, to serve as lead plaintiff [4] Group 2: Company Performance - Since its IPO, Ibotta's stock has significantly declined, trading well below the initial offering price of $88.00 per share [3]

NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ibotta, Inc. (NYSE: IBTA) 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”), of the important June 16, 2025 lead plaintiff deadline. SO WHAT: If you purchased Ibotta securities you may be entitled to compensation w ...

NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- 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 ...

BENSALEM, Pa., April 29, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Ibotta, Inc. ("Ibotta" or the "Company") (NYSE: IBTA).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN IBOTTA, INC. (IBTA), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JUNE 16, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Offices of Howard G. Smit ...