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UPST Deadline: UPST Investors with Losses in Excess of $100K Have Opportunity to Lead Upstart Holdings, Inc. Securities Fraud Lawsuit
Investors may seek lead plaintiff status in a class action alleging Upstart overstated its risk model and 2025 revenue guidance, lawyers said.
- Investors in Upstart Holdings, Inc. face a June 8, 2026 deadline to file papers as lead plaintiff in an ongoing securities class action lawsuit.
- The lawsuit alleges defendants made materially false and misleading statements about Upstart's Model 22 risk-assessment tool during the May 14, 2025, to November 4, 2025, Class Period.
- Overly conservative credit assessments negatively impacted Upstart revenue, rendering previously issued guidance unreliable while causing securities to trade at artificially inflated prices.
- Bernstein Liebhard LLP and The Rosen Law Firm note that investors may participate without out-of-pocket costs, as all representation occurs on a contingency fee basis.
- Investors need not serve as lead plaintiff to share in potential recoveries; those taking no action may remain absent class members until certification.
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Leaning Left3Leaning Right2Center13Last UpdatedBias Distribution72% Center
Bias Distribution
- 72% of the sources are Center
72% Center
L 17%
C 72%
11%
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