Bronstein, Gewirtz & Grossman LLC Urges Upstart Holdings, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Upstart Holdings, Inc. alleging that the company made false and misleading statements about its Model 22 AI underwriting model. The complaint claims the model frequently overreacted to negative macroeconomic signals, overstating its accuracy and approval rates, and negatively impacting revenue results. The lawsuit covers investors who purchased Upstart securities between May 14, 2025 and November 4, 2025.