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Wilhite v. Expensify, Inc. et al
Case Number:
3:23-cv-01784
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Citigroup Inc.
- Expensify Inc.
- JMP Group Inc.
- JPMorgan Chase & Co.
- Loop Capital Markets LLC
- Piper Sandler Cos.
Sectors & Industries:
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February 13, 2026
Expensify Inks $9.5M Investor Deal Over Pre-IPO Claims
Expensify Inc. has agreed to pay $9.5 million to resolve a proposed class of investors' lawsuit that accused the company of misleading them about its "bottom-up" business model ahead of its nearly $263 million initial public offering, according to a motion seeking an Oregon federal court's preliminary approval of the settlement.
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March 24, 2025
Expensify Beats Investor Claim Over CEO's Pro-Biden Email
An Oregon federal judge said Monday that she agreed to trim claims in a shareholder suit accusing Expensify of propping up its initial public offering by hiding the details of a new pricing strategy and effects of statements its CEO made urging customers to vote for President Joe Biden in the 2020 election.
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July 11, 2024
Expensify Says Suit Over IPO Disclosures, Biden Support Fails
Expense management software company Expensify has asked a federal judge to toss a federal lawsuit accusing it of concealing the details of a new pricing strategy and the effects of statements its CEO made urging customers to vote for President Joe Biden in the 2020 election in order to prop up shares ahead of its initial public offering.
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November 30, 2023
Expensify Hid Downturn Risks Ahead Of $263M IPO, Suit Says
Expense management software company Expensify Inc. and some of its executives and directors face an investors' proposed class action alleging they concealed the company's susceptibility to "structural and macroeconomic headwinds" in filings for its nearly $263 million initial public offering in 2021.