Investors in Joint Stock Company Kaspi.kz Should Contact The Gross Law Firm Before February 18, 2025 to Discuss Your Rights - KSPI

1. Shareholders encouraged to contact Gross Law Firm regarding class action lawsuit. 2. Claims include false statements related to business practices and sanctions exposure. 3. Allegations involve undisclosed dealings and links to reputed criminals. 4. Complaints could seriously impact Kaspi.kz's reputation and stock performance. 5. Deadline for shareholders to register as lead plaintiff is February 18, 2025.

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FAQ

Why Very Bearish?

The allegations may hurt investor confidence, similar to past class action cases affecting other stocks. Unrevealed risks can lead to stock sell-offs.

How important is it?

This class action could lead to significant liabilities and impact investor trust in KSPI. Past incidents show how legal issues can affect stock prices swiftly.

Why Short Term?

Negative sentiment from the lawsuit could result in immediate market reactions. Historical trends show immediate impacts from class actions on similar stocks.

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KSPI TSLA AAPL

NEW YORK, Feb. 13, 2025

/PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Joint Stock Company Kaspi.kz (NASDAQ: KSPI).

Shareholders who purchased shares of KSPI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/joint-stock-company-kaspi-kz-loss-submission-form/?id=128931&from=4

CLASS PERIOD:

January 19, 2024 to September 19, 2024

ALLEGATIONS:

The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Joint Stock Company Kaspi.kz continued doing business with Russian entities, and also providing services to Russian citizens, after Russia's 2022 invasion of Ukraine, thereby exposing the Company to the undisclosed risk of sanctions; (2) the Company engaged in undisclosed related party transactions; (3) certain of the Company's executives have links to reputed criminals; and (4) as a result, defendants' statements about Joint Stock Company Kaspi.kz's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

DEADLINE:

February 18, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/joint-stock-company-kaspi-kz-loss-submission-form/?id=128931&from=4

NEXT STEPS FOR SHAREHOLDERS:

Once you register as a shareholder who purchased shares of KSPI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is February 18, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE The Gross Law Firm