IPO

Legal Action Looms: Ibotta Investors Urged to Join Class Action Lawsuit Over Alleged IPO Misrepresentation

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SAN DIEGO — A law firm is urging investors in Ibotta, Inc., to take action following a significant class action lawsuit linked to the company’s recent initial public offering. Robbins Geller Rudman & Dowd LLP has announced that those who purchased Ibotta shares between its registration statement and the prospectus related to its IPO, which occurred around April 18, 2024, have until June 16, 2025, to become the lead plaintiff in a lawsuit against the company. The case, titled Fortune v. Ibotta, Inc., alleges that Ibotta, along with some of its top executives and IPO … Read more

Bleichmar Fonti & Auld LLP Files Lawsuit Against BioAge Labs Over Alleged IPO Misrepresentations, Urges Investors to Join Legal Action

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NEW YORK — Legal actions have commenced against BioAge Labs, Inc., a clinical-stage biopharmaceutical company known for its advanced therapies aimed at metabolic diseases like obesity. A lawsuit filed in the U.S. District Court for the Northern District of California accuses BioAge and some of its top executives of potential breaches of federal securities laws. The securities law firm Bleichmar Fonti & Auld LLP, leading the litigations, announced these proceedings detailing that the lawsuit encapsulates claims under Sections 11 and 15 of the Securities Act of 1933. The complaint specifically represents investors who acquired shares … Read more

Citigroup Entangled in €59 Million Legal Battle Over Failed Property IPO

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London, U.K. – Banking giant Citigroup is currently embroiled in a significant legal challenge as they face a €59 million lawsuit over a failed property initial public offering (IPO). The lawsuit has been filed by Anangu Trading, a Spanish investment group, which alleges that Citigroup engaged in negligent behavior, leading to substantial financial losses. The legal confrontation traces back to 2007 when Citigroup was supposed to manage an IPO for a property fund composed of a high-value real estate portfolio, owned by Anangu Trading. The planned offering was aimed at raising substantial capital by listing … Read more

Santa Ana Revolutionizes Sustainable Real Estate in Latin America with Landmark IPO on BME Growth

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Madrid, Spain – In a significant development for sustainable real estate, Santa Ana has emerged as the first European company dedicated to environmentally conscious building projects in Latin America. The company recently initiated its journey on the BME Growth, marking the fifth company to list on this market in the current year. The initial offering was priced at 13.50 euros per share, setting the company’s total market valuation at 88 million euros. The successful listing of Santa Ana not only highlights the growing trend of sustainable investment but also underscores the market’s increasing confidence in … Read more