The Joint (US:JYNT) Prnewswire·2025-01-31 10:45Core Viewpoint - A class action securities lawsuit has been filed against Joint Stock Company Kaspi.kz, alleging securities fraud that affected investors between January 19, 2024, and September 19, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that the company made false statements and concealed critical information, including continued business with Russian entities post-2022 invasion of Ukraine, which exposed the company to undisclosed sanction risks [3]. - Allegations also include undisclosed related party transactions and connections of certain executives to reputed criminals, leading to materially false and misleading statements about the company's business and prospects [3]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until February 18, 2025, to request appointment as lead plaintiff, with no costs or obligations to participate in the lawsuit [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal 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 and consistently ranking among the top securities litigation firms in the U.S. [5].