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 ...

Core Viewpoint - Investors with significant losses in Ibotta, Inc. have the opportunity to lead a securities fraud class action lawsuit against the company due to undisclosed contract terms related to its clients [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that Ibotta failed to disclose critical information regarding its contracts, specifically that Kroger's contract was at-will, allowing for cancellation without warning [3]. - The complaint highlights that despite detailed explanations of the contract with Walmart, there was no warning about the at-will nature of the Kroger contract, leading to misleading statements about the company's business prospects [3]. Group 2: Participation Information - Investors who suffered losses in Ibotta are encouraged to contact the Law Offices of Howard G. Smith before June 16, 2025, to participate in the ongoing lawsuit [2][4]. - Individuals interested in learning more about the class action or their rights can reach out via email or phone, or visit the law firm's website [4][5].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Ibotta, Inc. due to alleged violations of federal securities laws related to misleading statements about its contract with Kroger and subsequent financial performance, leading to significant investor losses. Group 1: Legal Investigation and Claims - Faruqi & Faruqi, LLP is encouraging investors who suffered losses exceeding $100,000 in Ibotta to contact them for legal options [1] - The firm is investigating claims against Ibotta and reminds investors of the June 16, 2025 deadline to seek the role of lead plaintiff in a federal securities class action [3] - The complaint alleges that Ibotta and its executives made false statements and failed to disclose risks regarding their at-will contract with Kroger, which could be canceled without warning [5] 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] - On August 13, 2024, Ibotta reported a net loss of $34.0 million for Q2 2024, with operating expenses more than doubling year-over-year, and provided a revenue forecast below consensus estimates [7] - Following the Q2 report, Ibotta's stock dropped by $15.53 per share, or 26%, closing at $42.66 on August 14, 2024 [8] - On February 26, 2025, Ibotta's shares fell by $29.08 per share, or 46%, closing at $34.01 after reporting Q4 earnings that missed expectations and provided weak guidance for Q1 2025 [8]

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 at-will nature of its contract with Kroger, which could allow Kroger to terminate the contract without notice [3]. - Ibotta provided detailed information about its contract with Walmart but did not adequately warn investors about the risks associated with the Kroger contract [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 lawsuit [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no costs or obligations for class members [4]. Group 3: 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].

NEW YORK, April 28, 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=145070&from=3 CLASS PERIOD: This lawsuit is on behalf ...

Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of Ibotta, Inc. regarding potential misleading statements related to its contract with Kroger, which could have significant implications for investors [1][2]. Group 1: Allegations and Legal Context - The lawsuit alleges that Ibotta did not adequately disclose the risks associated with its at-will contract with Kroger, failing to inform investors that Kroger could terminate the contract without notice [2]. - Ibotta provided detailed information about its contract with Walmart but omitted critical warnings about the nature of the Kroger contract, which could lead to a major client leaving unexpectedly [2]. Group 2: Shareholder Actions and Deadlines - Shareholders who purchased Ibotta shares during the specified class period are encouraged to register for the class action, with a deadline set for June 16, 2025, to seek lead plaintiff status [3]. - Once registered, shareholders will receive updates through a portfolio monitoring system regarding the case's progress, with no cost or obligation to participate [3]. Group 3: Law Firm's Mission and Commitment - The Gross Law Firm aims to protect investors' rights against deceit and fraud, emphasizing the importance of responsible business practices and corporate citizenship [4]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that artificially inflated Ibotta's stock value [4].