{"id":851796,"date":"2025-05-16T05:48:57","date_gmt":"2025-05-16T09:48:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ibotta-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-june-16-2025-to-discuss-your-rights-ibta\/"},"modified":"2025-05-16T05:48:57","modified_gmt":"2025-05-16T09:48:57","slug":"ibotta-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-june-16-2025-to-discuss-your-rights-ibta","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ibotta-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-june-16-2025-to-discuss-your-rights-ibta\/","title":{"rendered":"Ibotta, Inc. Sued for Securities Law Violations &#8211; Contact Levi &amp; Korsinsky Before June 16, 2025 to Discuss Your Rights &#8211; IBTA"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">May 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in <b>Ibotta, Inc.<\/b> (&#8220;Ibotta&#8221; or the &#8220;Company&#8221;) (NYSE: IBTA) of a class action securities lawsuit.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg\" title=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" alt=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>\n        <b>CLASS DEFINITION: <\/b>The lawsuit seeks to recover losses on behalf of Ibotta investors who were adversely affected by <span>alleged<\/span> securities <span>fraud<\/span>. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Ibotta securities pursuant and\/or traceable to documents issued in connection with Ibotta&#8217;s <span class=\"xn-chron\">April 18, 2024<\/span> initial public offering. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/zlk.com\/pslra-1\/ibotta-lawsuit-submission-form?prid=148646&amp;wire=4\" rel=\"nofollow\">https:\/\/zlk.com\/pslra-1\/ibotta-lawsuit-submission-form?prid=148646&amp;wire=4<\/a>\n      <\/p>\n<p>\n        <b>IBTA<\/b>\u00a0investors may also contact <span class=\"xn-person\">Joseph E. Levi, Esq.<\/span> via email <a href=\"mailto:at\u00a0jlevi@levikorsinsky.com\u00a0or\" rel=\"nofollow\">at\u00a0jlevi@levikorsinsky.com\u00a0or<\/a> by telephone at (212) 363-7500.<\/p>\n<p>\n        <b>CASE DETAILS: <\/b>According to the filed complaint, defendants made false statements and\/or concealed that they did not properly warn investors of the risks concerning Ibotta&#8217;s contract with The Kroger Co. (&#8220;Kroger&#8221;). Kroger&#8217;s 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&#8217;s contract with Walmart, there was not a single warning of the at-will nature of Kroger&#8217;s 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.<\/p>\n<p>\n        <b>WHAT&#8217;S NEXT? <\/b>If you suffered a loss in Ibotta during the relevant time frame, you have until <b><span class=\"xn-chron\">June 16, 2025<\/span><\/b>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <b>NO COST TO YOU: <\/b>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <b>There is no cost or obligation to participate.<\/b><\/p>\n<p>\n        <b>WHY LEVI &amp; KORSINSKY: <\/b>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report as one of the top securities litigation firms in <span class=\"xn-location\">the United States<\/span>.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/><span class=\"xn-person\">Joseph E. Levi, Esq.<\/span><br \/><span class=\"xn-person\">Ed Korsinsky, Esq.<\/span><br \/>33 Whitehall Street, 17th Floor<br \/><span class=\"xn-location\">New York, NY<\/span> 10004<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4429275-2&amp;h=2782457688&amp;u=https%3A%2F%2Fwww.zlk.com%2F&amp;a=www.zlk.com\" target=\"_blank\" rel=\"nofollow\">www.zlk.com<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY89565&amp;sd=2025-05-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ibotta-inc-sued-for-securities-law-violations---contact-levi--korsinsky-before-june-16-2025-to-discuss-your-rights--ibta-302457187.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/ibotta-inc-sued-for-securities-law-violations&#8212;contact-levi&#8211;korsinsky-before-june-16-2025-to-discuss-your-rights&#8211;ibta-302457187.html<\/a><\/p>\n<p>SOURCE  Levi &amp; Korsinsky, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY89565&amp;Transmission_Id=202505160545PR_NEWS_USPR_____NY89565&amp;DateId=20250516\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , May 16, 2025 \/PRNewswire\/ &#8212; Levi &amp;\u00a0Korsinsky, LLP notifies investors in Ibotta, Inc. (&#8220;Ibotta&#8221; or the &#8220;Company&#8221;) (NYSE: IBTA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ibotta investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Ibotta securities pursuant and\/or traceable to documents issued in connection with Ibotta&#8217;s April 18, 2024 initial public offering. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/ibotta-lawsuit-submission-form?prid=148646&amp;wire=4 IBTA\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ibotta-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-june-16-2025-to-discuss-your-rights-ibta\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ibotta, Inc. Sued for Securities Law Violations &#8211; Contact Levi &amp; Korsinsky Before June 16, 2025 to Discuss Your Rights &#8211; IBTA&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-851796","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ibotta, Inc. 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(&#8220;Ibotta&#8221; or the &#8220;Company&#8221;) (NYSE: IBTA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ibotta investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Ibotta securities pursuant and\/or traceable to documents issued in connection with Ibotta&#8217;s April 18, 2024 initial public offering. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/ibotta-lawsuit-submission-form?prid=148646&amp;wire=4 IBTA\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE &hellip; Continue reading &quot;Ibotta, Inc. 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CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ibotta investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Ibotta securities pursuant and\/or traceable to documents issued in connection with Ibotta&#8217;s April 18, 2024 initial public offering. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/ibotta-lawsuit-submission-form?prid=148646&amp;wire=4 IBTA\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE &hellip; Continue reading \"Ibotta, Inc. Sued for Securities Law Violations &#8211; Contact Levi &amp; Korsinsky Before June 16, 2025 to Discuss Your Rights &#8211; IBTA\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ibotta-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-june-16-2025-to-discuss-your-rights-ibta\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-16T09:48:57+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ibotta-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-june-16-2025-to-discuss-your-rights-ibta\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ibotta-inc-sued-for-securities-law-violations-contact-levi-korsinsky-before-june-16-2025-to-discuss-your-rights-ibta\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ibotta, Inc. 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