The Joint (US:JYNT) Prnewswire·2025-02-13 10:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Joint Stock Company Kaspi.kz regarding a class action lawsuit due to allegations of misleading statements and undisclosed risks associated with the company's operations during a specific period [1][2]. Allegations - The complaint alleges that Kaspi.kz continued business with Russian entities and provided services to Russian citizens after Russia's invasion of Ukraine, exposing the company to undisclosed sanction risks [1]. - The company is accused of engaging in undisclosed related party transactions [1]. - Certain executives of Kaspi.kz reportedly have links to reputed criminals [1]. - As a result, statements made by the defendants regarding the company's business, operations, and prospects were materially false and misleading [1]. Class Action Details - The class period for the lawsuit is from January 19, 2024, to September 19, 2024 [1]. - Shareholders are encouraged to register for the class action by February 18, 2025, to potentially become lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [3].