Kirby McInerney LLP has filed a securities class action lawsuit against Ibotta, Inc. alleging that the company failed to properly disclose risks related to its contract with Kroger in its IPO registration statement. The lawsuit claims Ibotta did not adequately warn investors about potential client relationship risks. Since its IPO at $88.00 per share, Ibotta's stock has dropped 45% to $47.69 as of April 17, 2025.