Upstart investors face June 8 deadline in securities class action
Upstart investors who bought securities from May 14 to November 4, 2025 have until June 8, 2026 to join a securities class action.Summary
Investors who purchased Upstart Holdings, Inc. securities between May 14, 2025 and November 4, 2025 may act by the June 8, 2026 lead plaintiff deadline in a federal securities class action. The complaint alleges that Upstart made false and misleading statements about its AI model, Model 22, including overstating its accuracy and understating risks that led to unreliable revenue guidance. After Upstart reported Q3 2025 revenue below guidance and consensus, cut its fourth-quarter and full-year 2025 revenue outlook, and disclosed Model 22-related concerns, its stock fell 9.71% to close at $41.75 per share on November 5, 2025. Investors can choose to seek lead plaintiff status or remain absent class members, and may contact The Rosen Law Firm, P.A. for information or to join the case.
(Source：scanx.trade)