{"id":987766,"date":"2026-07-31T04:08:47","date_gmt":"2026-07-31T08:08:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pics-investors-have-opportunity-to-lead-pics-n-v-securities-fraud-lawsuit-with-sbs-law\/"},"modified":"2026-07-31T04:08:47","modified_gmt":"2026-07-31T08:08:47","slug":"pics-investors-have-opportunity-to-lead-pics-n-v-securities-fraud-lawsuit-with-sbs-law","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pics-investors-have-opportunity-to-lead-pics-n-v-securities-fraud-lawsuit-with-sbs-law\/","title":{"rendered":"PICS Investors Have Opportunity to Lead PicS N.V. Securities Fraud Lawsuit with SBS Law"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n LOS ANGELES<\/span>, July 31, 2026<\/span> \/PRNewswire\/ — Schall, Brown & Schwartz LLP<\/a>\u00a0(“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against\u00a0PicS N.V. (“PicS” or “the Company”) (NASDAQ: PICS<\/a>) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.<\/p>\n

Shareholders who purchased shares of PICS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n

\n CLASS PERIOD:<\/b>\u00a0Pursuant and\/or traceable to the Company’s January 30, 2026, initial public offering (“IPO”)<\/p>\n

\n DEADLINE: <\/b>August 4, 2026<\/p>\n

If you are a shareholder who suffered a loss, click here to participate<\/a>.<\/p>\n

\n CASE DETAILS: <\/b>According to the Complaint, the Company made false and misleading statements to the market. PicS performed an internal investigation of its credit evaluation procedures and found them to be insufficient. The Company’s new procedures caused a significant reclassification of exposures leading to significant charges. The Company’s IPO documents overstated the quality of its underwriting practices The Company suffered an undisclosed risk of heightened defaults and other adverse financial trends. Based on these facts, the Company’s public statements were false and materially misleading throughout the IPO period. When the market learned the truth about PicS, investors suffered damages.<\/p>\n

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at\u00a0www.schallfirm.com<\/a>, or by email at\u00a0david@schallfirm.com<\/a>.<\/p>\n

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.<\/p>\n

\n Join the case<\/a>\u00a0to recover your losses<\/p>\n

\n WHY SBS?<\/b>\u00a0Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

\n CONTACT:<\/b>\n <\/p>\n

Schall, Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com<\/a>
Office: 310-301-3335
info@schallfirm.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/pics-investors-have-opportunity-to-lead-pics-nv-securities-fraud-lawsuit-with-sbs-law-302839731.html<\/a><\/p>\n

SOURCE Schall, Brown & Schwartz LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire LOS ANGELES, July 31, 2026 \/PRNewswire\/ — Schall, Brown & Schwartz LLP\u00a0(“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against\u00a0PicS N.V. (“PicS” or “the Company”) (NASDAQ: PICS) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of PICS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD:\u00a0Pursuant and\/or traceable to the Company’s January 30, 2026, initial public offering (“IPO”) DEADLINE: August 4, 2026 If you are a shareholder who suffered a … <\/p>\n

Continue reading “PICS Investors Have Opportunity to Lead PicS N.V. Securities Fraud Lawsuit with SBS Law”<\/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-987766","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPICS Investors Have Opportunity to Lead PicS N.V. 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(“PicS” or “the Company”) (NASDAQ: PICS) for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of PICS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD:\u00a0Pursuant and\/or traceable to the Company’s January 30, 2026, initial public offering (“IPO”) DEADLINE: August 4, 2026 If you are a shareholder who suffered a … Continue reading "PICS Investors Have Opportunity to Lead PicS N.V. 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