KeyCorp Class Action Lawsuit - KEY

The filed complaint alleges that KeyCorp made materially false and/or misleading statements and/or failed to disclose that: (i) Key downplayed concerns with its liquidity while overstating the effectiveness of its long-term liquidity strategy; (ii) Key overstated its projected net interest income (“NII”) for the second quarter and full year of 2023, as well as related positive NII drivers, while downplaying negative NII drivers; (iii) as a result, Key was likely to negatively revise its previously issued NII guidance; (iv) all the foregoing, once revealed, was likely to negatively impact Key’s business, financial results, and reputation; and (v) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

In order to be eligible to join the KEY class action lawsuit, you must have incurred a loss on shares of Key purchased during the class period listed above.

If you suffered a loss in Key during the relevant time frame or pursuant to the relevant offering(s), you have until October 3, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.