#United States #New York #Class Action #Pomerantz Law #PicS N.V.

Pomerantz Law Firm Calls for Action from PicS N.V. Investors

In a significant move, the Pomerantz Law Firm has announced the filing of a class-action lawsuit against PicS N.V., a company listed on NASDAQ under the ticker symbol PICS. This legal action is particularly pertinent for investors who have suffered financial losses related to their investments in PicS. The firm is urging affected parties to take immediate steps to assert their rights and possibly join the lawsuit.

The issues at stake involve allegations of securities fraud and other illicit business practices purportedly engaged in by PicS and several of its officers and/or directors. Investors are being advised to act quickly; the deadline to request to be appointed as Lead Plaintiff in this class action is August 4, 2026. Individuals who acquired PicS securities during the Class Period are especially encouraged to reach out for further information.

The lawsuit stems from the company's initial public offering (IPO) conducted around January 30, 2026, where PicS sold approximately 22.9 million shares of Class A common stock at a price of $19.00 each. However, trouble arose when the company announced its fourth-quarter and full-year financial results for 2025 on March 19, 2026. During this announcement, PicS indicated several amendments to its Expected Credit Loss (ECL) calculations following an annual review, which included a stricter policy for classifying non-performing exposures.

The ramifications were immediate and severe. PicS disclosed that approximately R$590 million from its Stage 2 portfolio balances were reclassified to Stage 3—its highest risk category. This resulted in an additional ECL of R$88 million (approximately $17.56 million USD). When this information became public, it prompted a significant drop in the company's stock price, which fell by $3.56 per share or 22.5%, closing at $12.27.

Pomerantz LLP, recognized as a leading firm in corporate, securities, and antitrust class litigation, has a historic legacy dating back over 85 years in advocating for investors' rights. Founded by Abraham L. Pomerantz, a pioneer in the class action bar, the firm continues its mission of defending victims of securities fraud and corporate misconduct.

Investors who wish to join the class action are encouraged to contact Pomerantz through Danielle Peyton at 646-581-9980, or via email at [email protected] Potential participants are advised to supply their contact details and the number of PicS shares they have purchased when making their inquiries.

For those interested in reviewing the lawsuit's details, a copy of the complaint can be accessed at the Pomerantz Law Firm's official website at www.pomerantzlaw.com. This situation serves as a critical reminder for investors to remain vigilant regarding their investments and the practices of companies in which they invest.

Conclusion

With the class action lawsuit now underway, it highlights the importance of collective legal action for safeguarding investor interests. The Pomerantz Law Firm stands ready to assist those affected by PicS N.V.'s recent actions, emphasizing that past outcomes do not guarantee similar results, but there is strength in numbers as investors unite in seeking justice.