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Pomerantz LLP announces that a class action lawsuit has been filed against Ibotta, Inc. ("Ibotta" or the "Company") (NYSE:IBTA). The class action concerns whether Ibotta and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. In the Registration Statement for the IPO, Ibotta listed The Kroger Co. ("Kroger") as one of the major retailers to which the Company "provide[s] offers on a white-label basis". Then, on August 13, 2024, Ibotta filed its quarterly report for the second quarter of 2024, which contained no reference to a business relationship with Kroger. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

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