SAN DIEGO, April 21, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons or entities that purchased or otherwise acquired Ibotta, Inc. (NYSE: IBTA) common stock pursuant and/or traceable to the registration statement and related prospectus issued in connection with Ibotta's April 18, 2024 initial public offering. Ibotta purports to be a technology company that allows consumer packaged goods brands to deliver digital promotions to millions of consu ...

Group 1 - A class action lawsuit has been filed against Ibotta, Inc. concerning potential securities fraud or unlawful business practices by the company and its officers [2][4] - Investors who purchased Ibotta securities during its initial public offering (IPO) have until June 16, 2025, to apply as Lead Plaintiff for the class [2] - Ibotta conducted its IPO on April 18, 2024, offering 6,560,700 shares at a price of $88.00 per share, but has since seen a significant decline in stock price [4] Group 2 - The Registration Statement for Ibotta's IPO listed Kroger as a major retailer partner, but the subsequent quarterly report did not mention any business relationship with Kroger [4] - Pomerantz LLP is recognized for its expertise in corporate, securities, and antitrust class litigation, having a long history of fighting for victims of securities fraud [5]

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Ibotta, Inc. (“Ibotta” or the “Company”) 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”). For more information, submit a form at ...

ATLANTA, April 21, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Ibotta, Inc. (“Ibotta” or “the Company”) (NYSE: IBTA). The lawsuit alleges that the Company’s Registration Statement contained materially false and/or misleading statements, and/or failed to disclose material adverse facts, including allegations that Ibotta failed to warn investors that its contract with The Kroger Co. was at-will. If you bought shares of Ibotta pursuant and/or traceable to the Registration ...

LOS ANGELES, April 21, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ibotta, Inc. ("Ibotta" or "the Company") (NYSE: IBTA) for violations of the federal securities laws.Investors who purchased the Company's securities pursuant and/or traceable to the Company's Offering Documents issued in connection with its initial public offering ("IPO") conducted on April 18, 2024, are encouraged to contact the firm before J ...

SAN DIEGO, April 21, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Ibotta, Inc. (NYSE: IBTA) publicly traded securities pursuant and/or traceable to Ibotta's registration statement and related prospectus issued in connection with Ibotta's initial public offering ("IPO") held on or around April 18, 2024, have until June 16, 2025 to seek appointment as lead plaintiff of the Ibotta class action lawsuit.  Captioned Fortune v. Ibotta, Inc., No. 25 ...

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 terms of 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: Investor Actions - 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 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 the largest securities class action settlement 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 - 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].