SAN DIEGO, Aug. 18, 2025 (GLOBE NEWSWIRE) — Johnson Fistel, PLLP is investigating potential claims on behalf of Ibotta, Inc. (NYSE: IBTA) shareholders against certain of its officers and directors who may have breached the fiduciary duties they owed to the Company.
If you purchased Ibotta, Inc. shares on or shortly after the company’s April 18, 2024 IPO, and still hold shares today, you may have certain legal rights. You are encouraged to learn more or submit your information at: https://www.johnsonfistel.com/investigations/ibotta-inc-3/
A federal securities fraud class action complaint alleges that statements made in Ibotta’s Registration Statement issued in connection with its April 18, 2024 initial public offering were false and/or misleading when made. Specifically, the complaint alleges that Ibotta failed to properly warn investors of the risks concerning its contract with The Kroger Co. The Kroger contract was at-will, meaning a large client could terminate it without notice. Although Ibotta disclosed detailed terms of its contract with Walmart, it did not provide a single warning about the at-will nature of the Kroger agreement.
What You Can Do Now: If you purchased Ibotta, Inc. shares on or shortly after the April 18, 2024 IPO, and still hold shares today, you are encouraged to visit https://www.johnsonfistel.com/investigations/ibotta, contact Johnson Fistel, PLLP at (619) 814-4471, or email jimb@johnsonfistel.com. You may be eligible to seek corporate reforms, the return of funds to the Company, and a court-approved incentive award at no cost to you.
About Johnson Fistel, PLLP:
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm representing individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com.
Attorney advertising. Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq.
(619) 814-4471 | jimb@johnsonfistel.com or fjohnson@johnsonfistel.com
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