{"id":7553,"date":"2025-05-20T06:15:00","date_gmt":"2025-05-19T23:15:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2025\/05\/19\/3084474\/673\/en\/ROSEN-SKILLED-INVESTOR-COUNSEL-Encourages-Ibotta-Inc-Investors-to-Secure-Counsel-Before-Important-Deadline-in-Securities-Class-Action-First-Filed-by-the-Firm-IBTA.html3084474"},"modified":"2025-05-20T06:27:04","modified_gmt":"2025-05-19T23:27:04","slug":"rosen-skilled-investor-counsel-encourages-ibotta-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-first-filed-by-the-firm-ibta","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/rosen-skilled-investor-counsel-encourages-ibotta-inc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-first-filed-by-the-firm-ibta\/","title":{"rendered":"ROSEN, SKILLED INVESTOR COUNSEL, Encourages Ibotta, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm \u2013 IBTA"},"content":{"rendered":"\n

NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) — <\/p>\n

WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ibotta, Inc. (NYSE: IBTA) pursuant and\/or traceable to the registration statement and related prospectus (collectively, the \u201cRegistration Statement\u201d) issued in connection with Ibotta\u2019s April 18, 2024 initial public offering (the \u201cIPO\u201d), of the important June 16, 2025 lead plaintiff deadline <\/strong>in the securities class action first filed by the Firm.<\/p>\n

SO WHAT:<\/strong> If you purchased Ibotta securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the Ibotta class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=36526<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 16, 2025<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases.<\/strong> Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the lawsuit, the Registration Statement contained false and\/or misleading statements and\/or failed to disclose the risks concerning Ibotta\u2019s contract with The Kroger Co. (\u201cKroger\u201d). Kroger\u2019s contract was at-will, and Ibotta failed to warn investors that a large client could cancel their contract with Ibotta without warning. Despite providing a detailed explanation of the terms of Ibotta\u2019s contract with another large customer, there was not a single warning of the at-will nature of Kroger\u2019s contract. Rather than disclosing the very real risk of a major client walking away at any time, Ibotta provided boilerplate warnings concerning the importance of maintaining ongoing relationships with their clients. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

To join the Ibotta action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=36526<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com<\/a> for information on the class action.<\/p>\n

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\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com<\/a>
www.rosenlegal.com<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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