Shareholders of 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 for lead plaintiff appointments regarding KSPI. 2. Allegations include failure to disclose business with Russian entities after 2022 sanctions. 3. Concerns raised over linked executives and undisclosed related party transactions. 4. Investors may have suffered losses due to misleading statements by KSPI. 5. Class period for the lawsuit is from January 19, 2024, to September 19, 2024.

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FAQ

Why Very Bearish?

Allegations of misleading statements could lead to regulatory scrutiny, like past cases affecting stock values adversely.

How important is it?

The lawsuit's allegations directly threaten KSPI's reputation and result in potential financial losses.

Why Short Term?

Legal issues may cause immediate investor concern and volatility, as seen in recent class actions.

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KSPI

NOTICE TO SHAREHOLDERS OF KASPI.KZ

NEW YORK, Jan. 16, 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=123052&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;
(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=123052&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