Deadline Alert: PicS N.V. (PICS) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

A class action lawsuit has been filed against PicS N.V. (NASDAQ: PICS) alleging that the company's January 2026 IPO offering documents contained materially false statements and failed to disclose significant credit quality issues. The complaint claims PicS concealed deficient credit evaluation procedures, a major reclassification of R$590 million in exposures to higher-risk categories, and deteriorating customer credit quality. Following the March 2026 disclosure of these issues, the stock price fell 22.5% and has since declined over 50% from its $19 IPO price. The deadline to file a lead plaintiff motion is August 4, 2026.