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April 17, 2025
Fortune v. Ibotta, Inc. et al
Case Number:
1:25-cv-01213
Court:
Nature of Suit:
Securities, Commodities, Exchange
Multi Party Litigation:
Class Action
Judge:
Companies
- Citigroup Inc.
- Evercore Inc.
- Ibotta Inc.
- Needham & Co. LLC
- Raymond James Financial Inc.
- The Goldman Sachs Group Inc.
- UBS Group AG
- Wells Fargo & Co.
Sectors & Industries:
View recent docket activity
Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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April 17, 2025
Ibotta Misrepresented Kroger Deal, Shareholder Suit Alleges
Digital consumer discount company Ibotta Inc. was hit with a proposed shareholder class action claiming its registration statement for its April 2024 initial public offering omitted information regarding the nature of its relationship with grocery retailer The Kroger Co., prompting stocks to plummet when investors learned the relationship had ended.
Parties
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