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Maplebear Inc. d/b/a Instacart

Case Details

Class Period: September 16, 2023 - October 1, 2023
Date Filed: January 25, 2024
Case Number: 5:24-cv-00465
Jurisdiction: Northern District of California
icon-casetype Case Type: Securities Case
Days Left to
Seek Plaintiff:
20

Case Summary

A class action lawsuit has been filed against Maplebear Inc. d/b/a Instacart (“Instacart” or the “Company”) (Nasdaq: CART) and certain officers and directors. The class action, filed in the United States District Court for the Northern District of California, and docketed under 24-cv-00465, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Instacart common stock pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company’s initial public offering conducted on or about September 19, 2023 (the “IPO” or “Offering”); and/or (b) Instacart securities between September 19, 2023 and October 1, 2023, both dates inclusive (the “Class Period”). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”).

Documents
Complaint