Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Ibotta, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Shareholders who purchased Ibotta securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Ibotta [2]. Group 2: Company Performance and Stock Impact - On February 26, 2025, Ibotta's shares fell 30% after the company reported fourth-quarter earnings that missed expectations and provided weak guidance for the first quarter of 2025 [3]. - Following the negative news, Ibotta's stock plummeted 46% on February 27, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4].
IBTA Investors Have Opportunity to Lead Ibotta, Inc. Securities Fraud Lawsuit