Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Joint Stock Company Kaspi.kz during the specified Class Period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Kaspi.kz securities between January 19, 2024, and September 19, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by February 18, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Kaspi.kz - The lawsuit alleges that Kaspi.kz made materially false and misleading statements, including continuing business with Russian entities post-Ukraine invasion, engaging in undisclosed related party transactions, and having executives linked to reputed criminals [5]. - These actions allegedly exposed Kaspi.kz to undisclosed risks of sanctions and misrepresented the company's business operations and prospects [5].
ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Joint Stock Company Kaspi.kz Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KSPI