Johnson Fistel, PLLP Investigates Claims on Behalf of Ibotta, Inc. Long Term Shareholders

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 now:

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.

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.

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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