Maplebear Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Maplebear Inc. d/b/a Instacart - CART
Maplebear Maplebear (US:CART) Businesswire·2026-02-01 03:54

Core Viewpoint - Kahn Swick & Foti, LLC has initiated an investigation into Maplebear Inc. (Instacart) following allegations of deceptive practices and potential breaches of fiduciary duties by its officers and directors [1][2]. Group 1: Investigation Details - The investigation is prompted by a $60 million penalty imposed by the U.S. Federal Trade Commission (FTC) for misleading advertising and unlawful subscription practices related to the Instacart+ program [2]. - The FTC is also examining Instacart's pricing practices, which allegedly involved an AI tool allowing different prices for the same item to different customers [2]. - KSF's focus is on whether Maplebear's leadership violated state or federal laws or failed to uphold their fiduciary responsibilities to shareholders [2]. Group 2: Legal Assistance - KSF is inviting individuals with relevant information or long-term shareholders of Maplebear to discuss their legal rights without any obligation [3]. - The firm is recognized as a leading boutique securities litigation law firm, having been ranked among the top 10 nationally based on total settlement value [3].