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Stock impact report

KASPI ALERT: Bragar Eagel & Squire, P.C. is Investigating Joint Stock Company Kaspi.kz on Behalf of Kaspi Stockholders and Encourages Investors to Contact the Firm

Joint Stock Company Kaspi.kz (KSPI) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Joint Stock Company Kaspi.kz (“Kaspi” or the “Company”) (NASDAQ:KSPI) on behalf of Kaspi stockholders. Our investigation concerns whether Kaspi has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On September 19, 2024, Culper Research published a report alleging, among other things, that Kaspi "systematically misled U.S. investors and regulators in its repeated claims-especially ahead of the Company's January 2024 NASDAQ listing-that the Company has zero exposure to Russia," when in fact "Russia has contributed materially to Kaspi's reported growth." Following publication of the Culper Research report, Kaspi's American Depositary Receipt ("ADR") price fell $19.20 per ADR, or 16.13%, to close at $99.81 per ADR on September Show less Read more
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