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PicS N.V. (NASDAQ: PICS) IPO Investors May Be Eligible to Participate in Securities Class Action; Contact Robbins LLP for Information About Recovering Your Losses
GlobeNewswire Inc.·
A securities class action has been filed against PicS N.V. (NASDAQ: PICS) alleging that its January 2026 IPO Registration Statement and Prospectus contained materially false or misleading statements regarding credit risk management and loan portfolio quality. The company failed to disclose deficiencies in credit evaluation procedures, loan reclassifications, and deteriorating borrower credit quality. Following subsequent disclosures in March and June 2026, PicS stock declined over 50% from its $19.00 IPO price to below $9.00 per share. Investors who purchased shares in the IPO may be eligible to participate in the lawsuit with an August 4, 2026 deadline to seek lead plaintiff appointment.
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