Picpay Holdings Netherlands N.V. Class A Common SharesSecurities class action lawsuit alleging false and misleading IPO disclosures about credit loss reclassification and Stage 3 formation rate.

Holzer & Holzer, LLC reminds investors of the August 4, 2026 lead plaintiff deadline in a securities class action against PicS N.V. The lawsuit alleges that PicS made false and misleading statements in its January 2026 IPO offering documents, including failing to disclose that it had reclassified approximately R$590 million of exposures from Stage 2 to Stage 3 in December 2025, leading to an incremental expected credit loss charge of R$88 million, and that it experienced a Stage 3 formation rate of more than 7% in the fourth quarter of 2025. Investors who purchased PicS shares traceable to the January 30, 2026 IPO and suffered losses are encouraged to contact Corey D. Holzer at cholzer@holzerlaw.com or (888) 508-6832.
Picpay Holdings Netherlands N.V. Class A Common SharesSecurities class action lawsuit alleging false and misleading IPO disclosures about credit loss reclassification and Stage 3 formation rate.