Expired
Lead Plaintiff Deadline
Mar 25, 2024
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The filed complaint alleges that Maplebear Inc. d/b/a Instacart made materially false and/or misleading statements and/or failed to disclose that: (i) Instacart had overstated the extent to which online grocery shopping and delivery habits among consumers were accelerating; (ii) Instacart had downplayed the extent of the competition that it faced in the online grocery shopping and delivery market; (iii) accordingly, defendants overstated the Company’s post-initial public offering growth, business, and financial prospects; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.
In order to be eligible to join the CART class action lawsuit, you must have incurred a loss on shares of Maplebear purchased during the class period listed above.
If you suffered a loss in Maplebear during the relevant time frame, you have until March 25, 2024 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.
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