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Stephens v. Maplebear Inc. et al
Case Number:
5:24-cv-00465
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
- Barclays PLC
- Blaylock Van LLC
- Citigroup Inc.
- Drexel Hamilton LLC
- Instacart
- JPMorgan Chase & Co.
- LionTree LLC
- Loop Capital Markets LLC
- Oppenheimer Holdings Inc.
- Piper Sandler Cos.
- Robert W. Baird & Co. Inc.
- Stern Brothers & Co.
- The Goldman Sachs Group Inc.
- Wedbush Securities Inc.
Sectors & Industries:
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May 12, 2025
Instacart Beats Investor Suit Over Pre-IPO Business
A California federal judge tossed a shareholder class action accusing grocery delivery company Instacart of misrepresenting its potential in the lead-up to its initial public offering, finding, among other things, that the plaintiffs did not sufficiently plead any actionable misleading statements or that the defendants acted with a motive to deceive investors.
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October 31, 2024
Instacart Says Investors Based Pre-IPO Suit On Anecdotes
Grocery delivery company Instacart has urged a California federal judge to toss a proposed class action suit claiming it misrepresented its growth potential in the lead-up to its initial public offering, saying investors are "attempting to conjure a securities fraud lawsuit out of thin air."
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July 02, 2024
Levi & Korsinsky Appointed Lead In Instacart Pre-IPO Action
Levi & Korsinsky LLP has been appointed lead counsel for the investors in a suit alleging the grocery delivery company Instacart misrepresented its growth potential in the lead-up to its initial public offering.
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March 27, 2024
3 Firms Vie To Lead Instacart Pre-IPO Action
Levi & Korsinsky LLP, Pomerantz LLP and The Rosen Law Firm PA have each asked a California federal judge to lead a securities lawsuit against grocery delivery company Instacart for allegedly misrepresenting its growth potential in the lead-up to its initial public offering.