Ibotta Stock – Class Action Filed on Behalf of IBTA Investors

Apr 21, 2025 | Investigations

Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of Ibotta, Inc. (“Ibotta”) (NYSE:IBTA).

Class Action Filed Against Ibotta

On April 17, 2025, a class action complaint alleging violations of federal securities laws was filed against Ibotta in United States District Court, District of Colorado (Case No. 1:25-cv-01213), on behalf of those who purchased or otherwise acquired publicly-traded Ibotta securities pursuant and/or traceable to the registration statement and related prospectus (the “Registration Statement”) issued in connection with Ibotta’s April 18, 2024 initial public offering (“IPO”).

The securities class action lawsuit seeks to recover compensable damages caused by the Ibotta Defendant’s alleged violations of the federal securities laws under the Securities Act of 1933.

The Registration Statement, according to the complaint, “. . . was negligently prepared and, as a result, contained untrue statements of material facts or omitted to state other facts necessary to make the statements made not misleading, and was not prepared in accordance with the rules and regulations governing its preparation.”

To review a copy of the complaint, please click Ibotta Class Action Complaint.

Ibotta Investors May Have Legal Claims 

Investors who acquired Ibotta securities pursuant and/or traceable to the company’s Registration Statement issued in connection with Ibotta’s IPO are encouraged to complete Kehoe Law Firm’s Stockholder Information Request Form or send us a message to contact an attorney to discuss the securities investigation and receive a free, no-obligation evaluation of potential legal claims.

Ibotta shareholders can also contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].

About Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.

Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

 

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Zenas BioPharma Stock – Class Action Filed on Behalf of ZBIO Investors

Apr 17, 2025 | Investigations

Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of Zenas BioPharma, Inc. (“Zenas BioPharma”) (NASDAQ:ZBIO).

Class Action Filed Against Zenas BioPharma 

On April 16, 2025, a class action complaint alleging violations of federal securities laws was filed against Zenas BioPharma in United States District Court, District of Massachusetts (Case No. 1:25-cv-10988), on behalf of investors who purchased or otherwise acquired Zenas BioPharma securities pursuant and/or traceable to the registration statement and related prospectus (the “Registration Statement”) issued in connection with Zenas BioPharma’s September 2024 initial public offering (“IPO”). 

To review a copy of the complaint, please click ZBIO Class Action Complaint.

Zenas BioPharma Investors May Have Legal Claims 

Investors who acquired Zenas BioPharma securities pursuant and/or traceable to the company’s IPO are encouraged to complete Kehoe Law Firm’s Stockholder Information Request Form or send us a message to contact an attorney to discuss the securities investigation and receive a free, no-obligation evaluation of potential legal claims.

Zenas BioPharma shareholders can also contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].

About Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.

Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

 

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Contact Us

ADDRESS

Kehoe Law Firm, P.C.
2001 Market Street
Suite 2500
Philadelphia, PA 19103

PHONE

Tel: 215-792-6676

EMAIL

[email protected]

Illinois Strengthens Worker Protections Under Amended “One Day Rest In Seven Act”

Apr 17, 2025 | KLF Blog

Kehoe Law Firm, P.C. is informing employees in Illinois of their strengthened protections under the recently amended the One Day Rest In Seven Act (“ODRISA”). Effective through the addition of Section 5.5, the amendment makes it unlawful for employers to retaliate against workers for exercising their rights under the Act.

The new anti-retaliation provision, codified at 820 ILCS 140/5.5 and effective as of March 21, 2025, expands employee protections and ensures accountability for employers who attempt to punish workers for asserting their rights.

What Protections Does ODRISA Provide to Employees? 

ODRISA requires employers to provide employees in Illinois a minimum of 24 hours of rest within every consecutive 7-day period.

Under ODRISA, employees must also be given a meal period of at least 20 minutes for every 7.5-hour shift beginning no later than 5 hours after the start of the shift, with an additional 20-minute meal period if working a 12-hour shift or longer. Reasonable restroom breaks must also be provided.

NOTE: The day off and meal breaks do not apply to employees whose meal periods and days off are governed by collective bargaining agreements. If a collective bargaining agreement does not specify meal breaks or a day off, the provisions of ODRISA apply.

Key Protections Under New Section 5.5

Under the amended law, employers, their agents or officers are prohibited from taking adverse action or discriminating against any employee who:

  • Exercises a right under the Act.

  • Files a complaint with their employer or the Illinois Department of Labor (“IDOL”).

  • Initiates or intends to initiate any proceeding related to the Act.

  • Provides testimony or plans to testify in an investigation or proceeding under the Act.

What This Means for Illinois Workers

This amendment gives Illinois employees greater confidence to report violations of their rest or meal break rights without fear of losing their jobs or suffering other retaliatory actions.

Enforcement and Penalties

Employees who believe they have been unlawfully retaliated against in violation of Section 5.5 are entitled to recover “all legal and equitable relief as may be appropriate” by filing a complaint with the IDOL.

Conclusion

The amendment to Illinois’ ODRISA is a critical step toward protecting workers and promoting healthy, lawful work environments. Employees now have clearer legal backing when standing up for their rights to rest and meal periods — and employers now have a much stronger incentive to follow the law.

Concerned About Your Rights as an Employee?

If you have general questions about your workplace rights or believe those rights may have been violated, it’s important to seek legal guidance as soon as possible.

To discuss your situation, please send us a message or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], for a free, no-obligation evaluation of potential legal claims.

About Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.

Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses. 

 

SEND US A MESSAGE

Contact Us

ADDRESS

Kehoe Law Firm, P.C.
2001 Market Street
Suite 2500
Philadelphia, PA 19103

PHONE

Tel: 215-792-6676

EMAIL

[email protected]

Stay Informed About Data Breaches & Cyber Incidents

Apr 14, 2025 | KLF Blog

Kehoe Law Firm, P.C. is sharing important information with consumers about certain reported data breaches and cyber incidents that may have exposed sensitive personal information. This information may include financial account or credit card details, medical and health insurance records, email and login credentials, Social Security numbers, and driver’s license or state ID numbers.

Below is a regularly updated, alphabetical list of reported data breaches and cyber incidents, each with links to additional details to help you stay informed.* If you’ve received a data breach notification, or suspect your personal information may have been compromised, it’s crucial to take protective steps, such as monitoring your accounts, placing fraud alerts or credit freezes, and understanding your potential legal rights.

*The number of individuals affected by a data breach is indicated when known.

Have You Received a Data Breach Notification?

If you’ve received a data breach notification and have concerns about the incident—or if you’ve experienced fraud, identity theft, or other related issues—we’re here to help you understand your rights and evaluate your legal options.

For a free, no-obligation consultation about potential claims, please contact us by sending a message or reaching out to Michael Yarnoff, Esq., at (215) 792-6676, Ext. 804, [email protected], [email protected].

About Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.

Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

     

     

    SEND US A MESSAGE

    Contact Us

    ADDRESS

    Kehoe Law Firm, P.C.
    2001 Market Street
    Suite 2500
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    PHONE

    Tel: 215-792-6676

    EMAIL

    [email protected]

    BigBear.ai Stock – Class Action Filed on Behalf of BBAI Investors

    Apr 11, 2025 | Investigations

    Kehoe Law Firm, P.C. is investigating potential securities fraud claims on behalf of investors of BigBear.ai Holdings, Inc. (“BigBear.ai” or “BigBear”) (NYSE:BBAI).

    Class Action Lawsuit Filed Against BigBear.ai 

    On April 11, 2025, a class action complaint was filed against BigBear.ai in United States District Court, Eastern District of Virginia (Case No. 1:25-cv-00623), on behalf of investors who acquired BigBear securities between March 31, 2022 and March 25, 2025, both dates inclusive (the “Class Period”).

    The class action seeks to recover damages caused by the BigBear.ai Defendants’ alleged violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder, against BigBear.ai and certain of its top officials.

    Summary of the Class Action Allegations

    According to the complaint, throughout the Class Period, the BigBear.ai Defendants made false and/or misleading statements and/or failed to disclose that BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain non-routine, unusual, or complex transactions. As a result, BigBear incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for the derivative scope exception under ASC 815-40 and failed to bifurcate the conversion option as required by ASC 815-15.

    Allegedly, BigBear improperly accounted for the 2026 Convertible Notes, an error which caused BigBear to misstate various items in several of its previously issued financial statements which would likely need to be restated. 

    BigBear Investors May Have Legal Claims 

    BigBear.ai investors who acquired their securities during the Class Period and suffered financial losses are encouraged to complete Kehoe Law Firm’s Stockholder Information Request Form or send us a message to contact an attorney to discuss the class action and receive a free, no-obligation evaluation of potential legal claims.

    For direct inquiries, BigBear investors can contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected].

    About Kehoe Law Firm, P.C.

    Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and misconduct. Our attorneys have served as Lead or Co-Lead Counsel in major securities cases, recovering over $10 billion for institutional and individual investors.

    Our firm litigates securities fraud, fiduciary breaches, unfair mergers and acquisitions, and antitrust violations, while also representing whistleblowers and advocating for victims of data breaches, consumer fraud, vehicle and product defects, employment law violations, retirement plan mismanagement, and other corporate and business misconduct. With a results-driven approach, we pursue justice and substantial recoveries for those we represent.

    Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

     

    SEND US A MESSAGE

    Contact Us

    ADDRESS

    Kehoe Law Firm, P.C.
    2001 Market Street
    Suite 2500
    Philadelphia, PA 19103

    PHONE

    Tel: 215-792-6676

    EMAIL

    [email protected]