According to the lawsuit, in the Registration Statement and/or throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:
- Ibotta did not properly warn investors of the risk concerning Ibotta’s contract with Kroger;
- Ibotta’s data measurement system did not provide accurate, precise, and real time client campaign and consumer data measurement;
- Ibotta’s business mix had shifted and was generating less revenue; and
- Ibotta had “exhausted” its clients’ budgets, negatively impacting fourth quarter 2024 revenue and expected first quarter 2025 revenue.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Attorney Advertising. Prior results do not guarantee a similar outcome.
