New York, New York – (Newsfile Corp. – January 26, 2025) – FOR WHAT: Rosen Law Firm, a global investor rights law firm, reminds buyers of securities of the joint stock company Kaspi.KZ (NASDAQ: KSPI) between January 19, 2024 and September 19, 2024, the two inclusive dates (the “class period”), of the importance February 18, 2025 Complainant deadline in the securities class action lawsuit first filed by the company.
So what: If you purchased Kaspi.kz securities during the class period, you may be entitled to compensation without payment of fees or out-of-pocket costs through a contingency fee arrangement.
What to do next: To join the kaspi.kz class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@raslantegal.com for more information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court no later than February 18, 2025. A lead plaintiff is a representative party acting on behalf of other ranking members to direct the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, companies issuing reviews do not have significant experience, resources, or peer recognition. Many of these firms do not actually litigate securities class action lawsuits, but are merely intermediaries who refer clients or partner with law firms that actually litigate the cases. Be wise in selecting tips. The Rosen Law Firm represents investors throughout the world, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm obtained the largest securities class action settlement against a Chinese company at the time. Rosen Law Firm Ranked #1 by ISS Securities Class Action (WA:) Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by Law360 as a titan of the plaintiffs bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
Case Details: According to the lawsuit, defendants throughout the class period made materially false and/or misleading statements and/or failed to disclose that: (1) Kaspi.kz continued to do business with Russian entities , and also to provide services to Russian citizens, after Russia 2022’s Russia 2022’s Russia in 2022 in Russia 2022 invasion of Ukraine, thus exposing Kaspi.kz to the undisclosed risk of sanctions; (2) Kaspi.kz engaged in undisclosed related party transactions; (3) Some of Kaspi.KZ executives have ties to reputed criminals; and (4) as a result, Defendants’ statements regarding Kaspi.KZ’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims investors suffered damages.
To join the kaspi.kz class action lawsuit, go to call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@raslantegal.com for more information on the class action.
No classes have been certified. Until a course is certified, you are not represented by the attorney unless you retain one. You can select the tips of your choice. You can also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent on serving as lead plaintiff.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238377
