San Diego, California--(Newsfile Corp. - June 9, 2026) - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of PicS N.V. (NASDAQ: PICS). The investigation focuses on PicPay's executive officers and whether investor losses may be recovered under federal securities laws.
What if I purchased PicPay securities?
If you purchased PicPay securities and suffered losses on your investment, join our investigation now: Click here to join the investigation.
Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471.
There is no cost or obligation to you.
Background of the investigation
On March 19, 2026, PicS N.V. disclosed that it "implemented a stricter policy to accelerate the classification of renegotiated non-performing exposures from Stage 2 to Stage 3. During the quarter, R$590 million of Stage 2 portfolio balances were reclassified to Stage 3, resulting in an ECL increase of R$88 million in the quarter."
Following these disclosures, the price of PicPay's stock declined, damaging investors.
In light of this disclosure, Johnson Fistel is investigating whether PicPay complied with the federal securities laws. If you suffered losses from your investment in PicPay stock, contact Johnson Fistel.
About Johnson Fistel, PLLP | Securities Fraud & Investor Rights
Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits and also assists foreign investors who purchased shares on U.S. exchanges. To learn more, visit www.johnsonfistel.com.
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Contact
Johnson Fistel, PLLP
501 W. Broadway, Suite 800
San Diego, CA 92101
James Baker, Investor Relations – or – Frank J. Johnson, Esq.
(619) 814-4471 | jimb@johnsonfistel.com | fjohnson@johnsonfistel.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300777
Source: Johnson Fistel, PLLP