#United States #New York #Gross Law Firm #Kaspi.kz #KSPI

Attention Kaspi.kz Shareholders

In a recent announcement, The Gross Law Firm is calling all shareholders of Joint Stock Company Kaspi.kz (NASDAQ: KSPI) to action before the critical deadline of February 18, 2025. This is an essential opportunity for investors who acquired shares during the specified class period to explore their rights and potential recourse against the company.

Who Should Reach Out?

Shareholders who purchased KSPI shares between January 19, 2024, and September 19, 2024, are encouraged to get in touch with The Gross Law Firm. The firm is accepting inquiries from those interested in being appointed as a lead plaintiff in a potential lawsuit arising from allegations against the company. It’s worth noting that becoming a lead plaintiff is optional; all shareholders may still proceed with their claims without this title.

Legal Allegations

The recent complaint against Kaspi.kz articulates several serious allegations, suggesting that the company may have engaged in questionable practices during the aforementioned period. Specifically, the allegations detail that:

1. Continued Business with Russian Entities: Post-Russia's 2022 invasion of Ukraine, Kaspi.kz allegedly maintained business relationships with Russian firms, unknowingly exposing itself to potential sanctions.
2. Undisclosed Related Party Transactions: There are claims that the company was involved in transactions with parties not disclosed to the public, which raises serious questions about transparency.
3. Links to Criminal Elements: Some executives within Kaspi.kz are reportedly connected to individuals with criminal records, casting doubt on the integrity of the company's leadership.
4. Misleading Statements: The allegations indicate that previous declarations regarding the company’s operations and future prospects were false or misleading, lacking a reasonable basis throughout the period in question.

It is crucial for shareholders to be aware that these allegations, if proven true, could result in significant financial implications for the company and, consequently, for investors.

Next Steps for Shareholders

As a shareholder who falls within the class period, acting promptly is essential. Register your information on The Gross Law Firm’s website to ensure inclusion in any collective actions moving forward. The law firm has developed a portfolio monitoring system that will keep you informed about updates and developments throughout the legal proceedings.

Bear in mind that although February 18, 2025, is the final date to seek lead plaintiff designation, participating in this legal process poses no direct costs or obligations to you.

Why Choose The Gross Law Firm?

The Gross Law Firm is a nationally recognized class action litigation firm committed to advocating for the rights of investors affected by deceitful corporate practices. Their mission revolves around protecting all investors from financial adversity caused by misleading information and misconduct within the market.

The firm's team aims to ensure that companies maintain ethical business practices while upholding accountability for losses incurred by their stakeholders due to fraudulent actions.

If you need further assistance, The Gross Law Firm can be reached at:

• - Address: 15 West 38th Street, 12th floor, New York, NY 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

Conclusion

For shareholders of Kaspi.kz, the time to act is now. Engage with The Gross Law Firm to understand your rights and take proactive steps before the February deadline. This opportunity underlines the importance of shareholder vigilance in corporate governance and investor protection.

Stay informed, stay engaged, and ensure your rights are represented as a valued investor.