ROSEN, SKILLED INVESTOR COUNSEL, Urges Joint Stock Company Kaspi.kz Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm



New York, New York–(Newsfile Corp. – January 11, 2025) – WHY: Rosen Law Firm, a global investor rights law firm, reminds those who purchased securities of Joint Stock Company Kaspi.kz (NASDAQ: KSPI) between January 19, 2024 and September 19, 2024, both dates include ( the “Class Period”), in the important February 18, 2025 leads the plaintiff’s deadline in the securities class action first filed by the Firm.

WHATEVER: If you purchase Kaspi.kz securities during the Class Period you may be entitled to compensation free of any out-of-pocket fees or expenses through a contingency fee arrangement.

WHAT TO DO NEXT: To participate in the Kaspi.kz class action, go to https://rosenlegal.com/submit-form/?case_id=29172 or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] for class action information. A class action lawsuit has been filed. If you want to serve as the 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 class members in the conduct of litigation.

WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, the companies issuing the notices don’t have the same experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen who refer clients or partners to the law firms that actually litigate the cases. Be wise in choosing advice. The Rosen Law Firm represents investors worldwide, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm achieved the largest securities class action settlement against a Chinese Company at that time. The Rosen Law Firm is ranked No. 1 in the ISS Securities Class action (WA:) Services for the number of securities class action settlements in 2017. The company 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 earned over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, the 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 provided and services to Russian citizens, after the 2022 Russian invasion of Ukraine, thereby exposing Kaspi.kz to the undisclosed risk of sanctions; (2) Kaspi.kz engages in undisclosed third party transactions; (3) some of Kaspi.kz’s executives have links to known criminals; and (4) as a result, the defendants’ statements about the business, operations, and prospects of Kaspi.kz were materially false and misleading and/or without a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damage.

To join the Kaspi.kz class action, go to https://rosenlegal.com/submit-form/?case_id=29172 call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] for class action information.

No Class Verified. Until a class is certified, you are not represented by counsel unless you hold one. You can choose the advice you want. You can also stay out of class and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent on serving as the lead plaintiff.

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Attorney Advertising. The first results do not guarantee a similar result.

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To view the original version of this press release, please visit https://www.newsfilecorp.com/release/236776





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