Investor Alert: Deadline Approaches in Instacart Class Action Lawsuit as Robbins LLP Advocates for Shareholders

SAN DIEGO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- In a significant announcement, Robbins LLP has informed the investor community of an impending lead plaintiff deadline within an ongoing class action lawsuit. The legal action has been initiated on behalf of the shareholders who acquired shares of Maplebear Inc., doing business as Instacart, which are traded under the ticker CART. The plaintiff's claim centers on allegations that the company's offering documents were misleading or lacked vital information which subsequently led to financial losses for investors post-acquisition of the shares.

Lawsuit Background

The class action lawsuit represents a collective legal challenge where a group of claimants, in this case, Instacart investors, have come together to seek justice for wrongdoings alleged against Instacart. Those who purchased or otherwise obtained CART shares in connection with the company's initial public offerings and other securities distributions are encouraged to note the deadline for the position of lead plaintiff, a critical role in a class-action lawsuit.

About Carolina Trust BancShares, Inc.

Related to the stock ticker CART, Carolina Trust BancShares, Inc. serves as the banking holding company for Carolina Trust Bank. Operating under a state license, this institution offers a wide array of commercial banking solutions tailored to the needs of both individuals and businesses. Headquartered in Lincolnton, North Carolina, Carolina Trust BancShares, Inc. has shown a commitment to financial integrity and community-oriented services, principles that stand in contrast to the issues raised in the lawsuit against Maplebear Inc.'s Instacart.

Investor, Lawsuit, Deadline