October 14, 2021

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Katapult Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 26, 2021 - (KPLT) - Yahoo Finance

New York, New York--(Newsfile Corp. - October 14, 2021) - The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders of Katapult Holdings, Inc. (NASDAQ: KPLT).

Shareholders who purchased shares of KPLT during the class period listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. Appointment as Lead Plaintiff is not required to partake in any recovery.

CONTACT US HERE:

CLASS PERIOD : December 18, 2020 to August 10, 2021

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Katapult was experiencing declining e-commerce retail sales and consumer spending, (2) despite Katapult's assertions that it was clear and compelling value proposition to both consumers and merchants, transforming the way nonprime consumers shop for essential goods and enabling merchant access to this underserved segment, Katapult lacked visibility into its consumers' future buying behavior; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.

DEADLINE: October 26, 2021 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/katapult-holdings-inc-loss-submission-form/?id=20438&from=5

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of KPLT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 26, 2021. There is no cost or obligation to you to participate in this case.



source: https://finance.yahoo.com/news/shareholder-alert-gross-law-firm-140200996.html

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