LOS ANGELES, June 15, 2026 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against PicS N.V. (“PicS” or “the Company”) (NASDAQ: PICS) for violations of the federal securities laws.
Investors who purchased the Company’s securities pursuant and/or traceable to the Company’s January 30, 2026, initial public offering (“IPO”) are encouraged to contact the firm before August 4, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. PicS performed an internal investigation of its credit evaluation procedures and found them to be insufficient. The Company’s new procedures caused a significant reclassification of exposures leading to significant charges. The Company’s IPO documents overstated the quality of its underwriting practices The Company suffered an undisclosed risk of heightened defaults and other adverse financial trends. Based on these facts, the Company’s public statements were false and materially misleading throughout the IPO period. When the market learned the truth about PicS, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
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SOURCE The Schall Law Firm
