Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Jan. 14, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Kaspi.kz ("Kaspi " or the "Company") (NASDAQ: KSPI) investors of a class action representing investors that bought securities between January 19, 2024 and September 19, 2024, inclusive (the "Class Period"). Kaspi investors have until February 18, 2025 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The complaint filed alleges that, between January 19, 2024, and September 19, 2024, the Defendants failed to disclose to investors that: (1) Kaspi continued conducting business with Russian entities and providing services to Russian citizens after Russia’s 2022 invasion of Ukraine, 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 had ties to reputed criminals; and (4) as a result, the Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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