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