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INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against PicS N.V. (NASDAQ: PICS) and Announces Opportunity for Investors with Substantial Losses to Lead the PicS N.V. Class Action Lawsuit

GlobeNewswire Inc.·
INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against PicS N.V. (NASDAQ: PICS) and Announces Opportunity for Investors with Substantial Losses to Lead the PicS N.V. Class Action Lawsuit

Law firm Robbins Geller has filed a class action lawsuit against PicS N.V., a Brazilian digital bank, alleging the company made false and misleading statements in its January 2026 IPO prospectus. The lawsuit claims PicS N.V. failed to disclose deficient credit evaluation procedures, significant loan reclassifications, elevated default rates, and deteriorating credit quality. The stock has declined over 50% from its $19 IPO price to below $9 per share by June 2026. Investors with substantial losses are invited to seek lead plaintiff status by August 4, 2026.

Read Full Article at GlobeNewswire Inc.
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