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Join the Class Action Suit for Kaspi.kz Shareholders

In light of recent developments, shareholders of the Joint Stock Company Kaspi.kz (NASDAQ: KSPI) are being urged to join a class action lawsuit spearheaded by The Gross Law Firm. This initiative aims to provide a pathway for investors who have suffered losses due to specified allegations against the company during a designated class period.

Background

The lawsuit addresses allegations that Kaspi.kz, a leading financial and technology company in Kazakhstan, may have engaged in practices that misled investors. Specifically, the class period runs from January 19, 2024, to September 19, 2024, during which shareholders are encouraged to participate in potential recovery efforts.

The allegations detail serious claims against the company, including:
1. Business Dealings with Russia: It is alleged that Kaspi.kz continued its business relations with Russian entities and provided services to Russian citizens following Russia's invasion of Ukraine in 2022. This has raised concerns regarding potential sanctions and risks that the company did not disclose to its shareholders.
2. Related Party Transactions: The lawsuit points to undisclosed transactions with related parties, which could have significant implications on the company's financial standing and transparency.
3. Criminal Links: There are claims that some executives within the company have connections to known criminals, further complicating the trust investors place in the company’s governance and operations.
4. False Statements: The overarching theme of the lawsuit suggests that the defendants, a term referring to the company and its executives, may have made materially false statements about the business’s operations and prospects. This undoubtedly misled investors, contributing to inflated stock prices without a reasonable basis.

Why Register Now?

Shareholders are encouraged to sign up for the class action suit by February 18, 2025. Doing so is crucial as it secures your place within the litigation process. Failure to register could result in the loss of a chance to recover any losses incurred during the specified time frame.

Once you register, you will gain access to portfolio monitoring software that keeps you updated on the progress of the case. This service is provided at no cost, highlighting the commitment of The Gross Law Firm to protect the rights of investors without imposing financial burdens on them.

About The Gross Law Firm

The Gross Law Firm is recognized nationally for its dedication to defending the rights of investors. The firm specializes in class action lawsuits, targeting deceitful business practices that have adversely impacted investors. Their commitment lies in advocating for transparent corporate conduct and protecting those who are unjustly affected by misinformation and illicit practices.

How to Get Involved

If you are a shareholder of Kaspi.kz who purchased shares during the class period, it's vital to take action. Contact The Gross Law Firm today using the links provided to ensure your voice is heard, and your rights as an investor are protected. Remember, participation in this class action does not require you to be a lead plaintiff, so all shareholders can partake in the recovery efforts.

For further inquiries, you can reach The Gross Law Firm at:

• - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
• - Phone: (646) 453-8903
• - Email: contact@grosslawfirm.com

Don’t let the opportunity to recover your losses slip away. Join today and stand up for your rights as an investor in Kaspi.kz!