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KSPI DEADLINE: ROSEN, THE FIRST FILING FIRM, Encourages Joint Stock Company Kaspi.kz Investors to Secure Counsel Before Important February 18 Deadline in Securities Class Action First Filed by the Firm – KSPI
KSPIJoint Stock Company Kaspi.kz(KSPI) GlobeNewswire News Room·2025-02-11 16:40

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 purchased Kaspi.kz securities between January 19, 2024, and September 19, 2024, may be entitled to 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][5]. - The lawsuit alleges that Kaspi.kz made materially false and misleading statements regarding its business operations, including undisclosed risks related to sanctions due to its dealings with Russian entities post-Ukraine invasion [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and recognition in the field [4].