Core Viewpoint - Rosen Law Firm is reminding purchasers of Ibotta, Inc. securities about a class action lawsuit related to the company's initial public offering and subsequent performance issues [1][5]. Group 1: Class Action Details - The class action pertains to securities purchased pursuant to the registration statement issued during Ibotta's IPO on April 18, 2024, and covers the period from April 18, 2024, to February 26, 2025 [1]. - A lead plaintiff deadline is set for June 16, 2025, for those wishing to represent other class members in the litigation [3]. Group 2: Compensation Information - Investors who purchased Ibotta securities may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 3: Allegations Against Ibotta - The lawsuit alleges that Ibotta made false or misleading statements regarding its contract with Kroger, the accuracy of its data measurement system, a shift in its business mix leading to reduced revenue, and the exhaustion of clients' budgets impacting revenue forecasts for Q4 2024 and Q1 2025 [5].
IBTA Deadline: IBTA Investors Have Opportunity to Lead Ibotta, Inc. Securities Lawsuit