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PicS N.V. Notice of August 4, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
GlobeNewswire Inc.·
A class action securities lawsuit has been filed against PicS N.V. for allegedly failing to disclose material information in its January 2026 IPO offering documents. The company allegedly concealed deficient credit assessment procedures, reclassified approximately R$590 million in exposures to Stage 3, and experienced undisclosed Stage 3 formation rates exceeding 7%, along with deteriorating credit quality from expansion into riskier business lines. Investors who purchased shares in the IPO have until August 4, 2026 to request lead plaintiff status.
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