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Tcherkezian v. Ibotta, Inc. et al
Case Number:
1:25-cv-01213
Court:
Nature of Suit:
Securities, Commodities, Exchange
Multi Party Litigation:
Class Action
Judge:
Firms
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:
-
December 16, 2025
Digital Marketing Co. Ibotta Seeks To Ditch Suit Over IPO
Digital consumer discount company Ibotta Inc. and its brass and underwriters seek to shed a consolidated proposed investor class action alleging the company misled investors in the lead-up to its 2024 initial public offering, arguing that it properly disclosed certain risks that later purportedly affected trading prices for its shares.
-
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.