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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 shares 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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