New York, New York–(Newsfile Corp. – December 20, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of buyers of securities of Joint Stock Company Kaspi.kz (NASDAQ: KSPI) between January 19, 2024 and September 19, 2024, both days. inclusive (“Class Period”). The class action has already been entered. If you wish to act as a lead plaintiff, you must move the Court no later than February 18, 2025 in the securities class action filed first by the Firm.
AND THEN: If you purchased Kaspi.kz securities during the Class Period you may be entitled to a refund without any out-of-pocket payment or expense through a possible installment payment arrangement.
NEXT TO DO: To join the Kaspi.kz class action, go to https://rosenlegal.com/submit-form/?case_id=29172 or call Phillip Kim, Esq. call toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you wish to act as a lead plaintiff, you must move the Court no later than February 18, 2025. The lead plaintiff is the party that represents the other class members in managing the lawsuit.
WHY THE LAW CAME OUT: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often times, the firms issuing the notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in choosing counsel. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder litigation. The Rosen Law Firm won the largest ever securities settlement for a Chinese company at the time. The Rosen Law Firm was ranked Level 1 by ISS Securities Action (WA:) Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has received hundreds of millions of dollars from investors. In 2019 alone the company secured over $438 million from investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of the Spot Bar. Many of the firm's lawyers are accredited by Lawdragon and Top Lawyers.
CREDIT DETAILS: According to the lawsuit, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Kaspi.kz continued to do business with Russian entities, and provided services to Russian citizens, after 2022 in Russia. the invasion of Ukraine, thereby exposing Kaspi.kz to an unspecified risk of sanctions; (2) Kaspi.kz engages in undisclosed third party transactions; (3) some of the managers of Kaspi.kz have known criminal links; and (4) as a result, the defendants' statements about Kaspi.kz's business, operations, and prospects were false and misleading and/or unsubstantiated at all relevant times. When true information enters the market, the lawsuit claims that investors suffer damages.
To join the Kaspi.kz class action, go to https://rosenlegal.com/submit-form/?case_id=29172 call Phillip Kim, Esq. call toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action.
No Class is guaranteed. Until the class is confirmed, you are not represented by counsel unless you have retained one. You can choose the advice of your choice. You can remain a member of the missing class and do nothing for now. The investor's ability to share in any future recovery is not dependent on serving as the lead plaintiff.
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Marketing Lawyer. Previous results do not confirm the same result.
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