Core Viewpoint - The Gross Law Firm is notifying shareholders of Ibotta, Inc. regarding a class action lawsuit due to alleged misleading statements related to a contract with Kroger, which could have significant implications for investors [1][2]. Group 1: Allegations and Legal Context - The lawsuit alleges that Ibotta failed to disclose the at-will nature of its contract with Kroger, which allowed Kroger to terminate the agreement without notice, posing a risk to investors [2]. - Ibotta provided detailed information about its contract with Walmart but did not adequately warn investors about the potential risks associated with the Kroger contract [2]. Group 2: Shareholder Actions and Deadlines - Shareholders who purchased Ibotta shares during the specified class period are encouraged to register for the class action, with a deadline set for June 16, 2025 [3]. - Once registered, shareholders will receive updates on the case through a portfolio monitoring software, and there is no cost to participate [3]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [4]. - The firm emphasizes its commitment to responsible business practices and good corporate citizenship [4].
Ibotta, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 16, 2025 to Discuss Your Rights - IBTA