Core Viewpoint - Ibotta, Inc. is facing a class action lawsuit related to its initial public offering (IPO), alleging that the offering documents were misleading and failed to disclose significant risks associated with its contracts, particularly with The Kroger Co. [1][3] Company Overview - Ibotta, Inc. is described as a technology company that enables consumer packaged goods brands to deliver digital promotions through its Ibotta Performance Network [2]. IPO Details - During its IPO on April 18, 2024, Ibotta sold 2.5 million shares at a price of $88.00 per share [2]. Allegations in the Lawsuit - The lawsuit claims that Ibotta did not adequately warn investors about the risks related to its contract with Kroger, which was at-will, meaning it could be canceled without notice [3]. - The complaint also points out that while Ibotta provided detailed information about its contract with Walmart, it failed to mention the at-will nature of the Kroger contract [3]. Current Trading Status - As of April 17, 2025, Ibotta's securities have traded significantly lower than the IPO price of $88.00 per share [4]. Class Action Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Ibotta's securities during the IPO to seek appointment as lead plaintiff in the class action lawsuit [5]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6].

Key Takeaways Five stocks are showing relative strength versus the market across 1, 4, and 12-week periods. OPFI, ALNT, PGY, GLDD and NTES all posted positive Q1 earnings estimate revisions in the past month. Each of the five stocks also meets key criteria, including price, volume, and a favorable VGM Score.Wall Street charged higher in May, snapping back from recent turbulence with renewed vigor. Driving this momentum were growing hopes of a U.S.-China trade deal, a tariff delay on the European Union, an ...

Company Leadership Change - The Timken Company has appointed Timothy A. Graham as president of Industrial Motion, effective immediately, succeeding Christopher A. Coughlin who is retiring [1][2] - Graham has been with Timken since 2003 and has extensive experience in leading global operations, including his recent role as vice president of operations for Engineered Bearings [2] Strategic Vision - Graham expressed his commitment to driving innovation and delivering exceptional value for customers, aiming to strengthen Timken's position in the Industrial Motion sector [3] - The CEO, Richard G. Kyle, highlighted Graham's operational expertise and global experience as key factors for scaling and accelerating profitable growth in the Industrial Motion business [2] Company Overview - The Timken Company is a global technology leader in engineered bearings and industrial motion, with $4.6 billion in sales in 2024 and approximately 19,000 employees across 45 countries [4]

Quincy, MA, May 29, 2025 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, is proud to announce it has achieved the #12 ranking on the 2025 PPAI 100 list of top promotional product distributors, as recognized by the Promotional Products Association International (PPAI). This prestigious ranking, a significant jump of eight spots from th ...

Revisiones de la OCDE sobre reforma regulatoria Estudio de la Ventanilla Única de Inversión de Costa Rica Inversión de Costa Rica Revisiones de la OCDE sobre reforma regulatoria Estudio de la Ventanilla Única de Revisiones de la OCDE sobre reforma regulatoria Estudio de la Ventanilla Única de Inversión de Costa Rica Tanto este documento, así como cualquier dato y cualquier mapa que se incluya en él, se entenderán sin perjuicio respecto al estatus o la soberanía de cualquier territorio, a la delimitación de ...

Revenue was $1.1 Billion, up 22% Year Over YearNet Income Attributable to Shareholders was $21.9 Million or $0.10 Diluted Earnings Per ShareAdjusted Net Income Attributable to Shareholders was $60.9 Million or $0.21 Adjusted Diluted Earnings Per ShareOperating Income was Up Significantly to $94.2 MillionAdjusted OIBDA was Up 49% to $138.3 MillionMotion Picture Segment Profit and Studio Adjusted OIBDA Reached Highest Quarterly Levels in 10 YearsTrailing 12-Month Library Revenue Grew 8% to an All-Time High of ...

NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, has filed a securities class action lawsuit in the United States District Court for the District of Colorado against Ibotta, Inc. (“Ibotta” or the “Company”) (NYSE: IBTA), and certain of its directors, officers, and the underwriters of Ibotta’s April 18, 2024 initial public offering (“IPO”) (collectively, “Defendants”). The Class Action asserts claims ...

SAN DIEGO, May 19, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Ibotta, Inc. (NYSE: IBTA) publicly traded securities pursuant and/or traceable to Ibotta’s registration statement and related prospectus issued in connection with Ibotta’s initial public offering (“IPO”) held on or around April 18, 2024, have until Monday, June 16, 2025 to seek appointment as lead plaintiff of the Ibotta class action lawsuit. Captioned Fortune v. Ibotta, Inc., No. 25-cv-012 ...

2025 Capital Markets Day Safe Harbor and Non-GAAP Disclosures Safe Harbor This presentation contains "forward-looking statements"intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In addition, the accompanying webcast may include, and officers and representatives of ITT may from time to time make and discuss, projections, goals, assumptions, and statements that may constitute "forward-looking statements". These forward-looking statemen ...

SAN DIEGO, May 16, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Ibotta, Inc. (NYSE: IBTA) publicly traded securities pursuant and/or traceable to Ibotta's registration statement and related prospectus issued in connection with Ibotta's initial public offering ("IPO") held on or around April 18, 2024, have until Monday, June 16, 2025 to seek appointment as lead plaintiff of the Ibotta class action lawsuit.  Captioned Fortune v. Ibotta, Inc., No. 25-cv-01213 ...