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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.·
Kahn Swick & Foti, LLC announces a class action securities lawsuit against PicS N.V. for investors who purchased Class A common stock in its January 30, 2026 IPO. The lawsuit alleges the company failed to disclose material information including deficient credit assessment procedures, reclassification of R$590 million in exposures to Stage 3, undisclosed Stage 3 formation rates exceeding 7%, and deteriorating credit quality from expansion into riskier business lines. The application deadline to request lead plaintiff status is August 4, 2026.
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