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PICS 11-DAY DEADLINE ALERT: PicS N.V. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit Before August 4, 2026 Deadline - Hagens Berman

GlobeNewswire Inc.·
PICS 11-DAY DEADLINE ALERT: PicS N.V. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit Before August 4, 2026 Deadline - Hagens Berman

A securities class action lawsuit has been filed against PicS N.V. (NASDAQ: PICS) alleging the company made materially false and misleading statements in its January 2026 IPO by failing to disclose internal credit evaluation deficiencies discovered in December 2025. The lawsuit claims these omissions masked severe deterioration in customer credit quality and heightened default risks. Following post-IPO disclosures in March and June 2026 revealing credit procedure deficiencies and escalating defaults, the stock plummeted over 50% from its $19.00 IPO price to under $9.00. Investors have until August 4, 2026 to request lead plaintiff status.

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