Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Ibotta, Inc. securities related to its April 2024 IPO, alleging misleading statements in the Registration Statement [1][5]. Group 1: Lawsuit Details - The lawsuit claims that the Registration Statement contained false or misleading statements and failed to disclose risks regarding Ibotta's contract with Kroger, which was at-will, allowing for cancellation without warning [5]. - Ibotta did not adequately warn investors about the risk of losing a major client, despite detailing terms with another customer [5]. Group 2: Investor Information - 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 the law firm directly [3][6]. Group 3: Law Firm 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 a history of representing investors globally [4].
IBTA INVESTOR NEWS: ROSEN, THE FIRST FILING FIRM, Encourages Ibotta, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – IBTA