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Kaplan Fox Alerts PicS N.V. (NASDAQ: PICS) Investors to a Securities Class Action Lawsuit – Contact the Firm Before Deadline on August 4, 2026 for Leadership Role

GlobeNewswire Inc.·
Kaplan Fox Alerts PicS N.V. (NASDAQ: PICS) Investors to a Securities Class Action Lawsuit – Contact the Firm Before Deadline on August 4, 2026 for Leadership Role

Kaplan Fox has filed a class action lawsuit against PicS N.V. on behalf of IPO investors, alleging the company made false statements regarding its credit evaluation procedures and financial condition. The lawsuit claims PicS failed to disclose a December 2025 reclassification of R$590 million in credit exposures to its highest risk category and undisclosed credit quality deterioration. PicS stock has declined over 50% from its $19 IPO price in January 2026 to below $9 per share by June 2026.

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