Important Notice for Kaspi.kz Investors: Join the Class Action Against KSPI Before February 2025
On January 10, 2025, Levi & Korsinsky, LLP announced a class action lawsuit affecting shareholders of the Joint Stock Company Kaspi.kz (NASDAQ: KSPI). This legal action seeks to recoup losses incurred by investors who were impacted by alleged fraudulent activities between January 19, 2024, and September 19, 2024. Claims include false statements made by company executives relating to Kaspi.kz's business engagement with Russian entities following the 2022 invasion of Ukraine, and undisclosed related party transactions involving reputed criminals.
The lawsuit asserts that Kaspi.kz continued to operate and provide services detrimental to their business integrity, exposing them to undisclosed sanction risks. The firm highlighted that those who suffered losses during the specified time frame have until February 18, 2025, to step forward and request to be appointed as lead plaintiff, although participating does not require one to take that role.
Levi & Korsinsky, known for its significant experience in securities litigation, has represented investors for over two decades and boasts a track record of securing substantial settlements for its clients. Their team comprises over 70 professionals dedicated to advocating for the rights of shareholders and navigating the complexities of securities law.
In an effort to inform affected investors about their rights and the means to assert them, Levi & Korsinsky encourages individuals to learn more about this case and potentially receive compensation without incurring any out-of-pocket expenses. As a firm recognized as one of the leading securities litigation practices in the United States, they are well-equipped to handle such high-stakes legal matters.
If you believe you are a class member, you may be entitled to receive a share of any rewards from this lawsuit without needing to pay any fees upfront. The firm has provided contacts, including email and phone numbers, for those with inquiries regarding the process or the lawsuit itself. Kaspi.kz investors are urged to take action promptly to protect their rights and interests before the February deadline approaches.
The lawsuit asserts that Kaspi.kz continued to operate and provide services detrimental to their business integrity, exposing them to undisclosed sanction risks. The firm highlighted that those who suffered losses during the specified time frame have until February 18, 2025, to step forward and request to be appointed as lead plaintiff, although participating does not require one to take that role.
Levi & Korsinsky, known for its significant experience in securities litigation, has represented investors for over two decades and boasts a track record of securing substantial settlements for its clients. Their team comprises over 70 professionals dedicated to advocating for the rights of shareholders and navigating the complexities of securities law.
In an effort to inform affected investors about their rights and the means to assert them, Levi & Korsinsky encourages individuals to learn more about this case and potentially receive compensation without incurring any out-of-pocket expenses. As a firm recognized as one of the leading securities litigation practices in the United States, they are well-equipped to handle such high-stakes legal matters.
If you believe you are a class member, you may be entitled to receive a share of any rewards from this lawsuit without needing to pay any fees upfront. The firm has provided contacts, including email and phone numbers, for those with inquiries regarding the process or the lawsuit itself. Kaspi.kz investors are urged to take action promptly to protect their rights and interests before the February deadline approaches.
Topics Financial Services & Investing）
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