{"success":true,"data":{"pressRelease":{"id":"27109","rtpr_id":"nNFC6LPsGM","ticker":"UPST","exchange":"NASDAQ","all_tickers":["UPST"],"title":"ROSEN, SKILLED INVESTOR COUNSEL, Encourages Upstart Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - UPST","author":"Newsfile Corp","published_at":"2026-05-08T02:49:18.124Z","article_body":"New York, New York--(Newsfile Corp. - May 7, 2026) - WHY: Rosen Law Firm, a\nglobal investor rights law firm, reminds purchasers of securities of Upstart\nHoldings, Inc. (NASDAQ: UPST) between May 14, 2025 and November 4, 2025,\ninclusive (the \"Class Period\"), of the important June 8, 2026 lead plaintiff\ndeadline.\n\nSO WHAT: If you purchased Upstart securities during the Class Period you may\nbe entitled to compensation without payment of any out of pocket fees or costs\nthrough a contingency fee arrangement.\n\nWHAT TO DO NEXT: To join the Upstart class action, go to\nhttps://rosenlegal.com/submit-form/?case_id=58653 or call Phillip Kim, Esq.\ntoll-free at 866-767-3653 or email case@rosenlegal.com for information on the\nclass action. A class action lawsuit has already been filed. If you wish to\nserve as lead plaintiff, you must move the Court no later than June 8, 2026. A\nlead plaintiff is a representative party acting on behalf of other class\nmembers in directing the litigation.\n\nWHY ROSEN LAW: We encourage investors to select qualified counsel with a track\nrecord of success in leadership roles. Often, firms issuing notices do not\nhave comparable experience, resources, or any meaningful peer recognition.\nMany of these firms do not actually handle securities class actions, but are\nmerely middlemen that refer clients or partner with law firms that actually\nlitigate the cases. Be wise in selecting counsel. The Rosen Law Firm\nrepresents investors throughout the globe, concentrating its practice in\nsecurities class actions and shareholder derivative litigation. Rosen Law Firm\nhas achieved, at that time, the largest ever securities class action\nsettlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS\nSecurities Class Action Services for number of securities class action\nsettlements in 2017. The firm has been ranked in the top 4 each year since\n2013 and has recovered hundreds of millions of dollars for investors. In 2019\nalone the firm secured over $438 million for investors. In 2020, founding\npartner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many\nof the firm's attorneys have been recognized by Lawdragon and Super Lawyers.\n\nDETAILS OF THE CASE: According to the lawsuit, throughout the Class Period,\ndefendants made false and/or misleading statements and/or failed to disclose\nthat: (1) Model 22 frequently overreacted to negative macroeconomic signals in\nperforming its risk-separation processes; (2) accordingly, Model 22's overall\naccuracy and propensity to increase loan approval rates was overstated; (3)\nModel 22's overly conservative assessment of credit and macroeconomic\nconditions was having a significant negative impact on Upstart's revenue\nresults, rendering Upstart's previously issued full year 2025 revenue guidance\nunreliable and/or unrealistic; and (4) as a result, defendants' public\nstatements were materially false and misleading at all relevant times. When\nthe true details entered the market, the lawsuit claims that investors\nsuffered damages.\n\nTo join the Upstart class action, go to\nhttps://rosenlegal.com/submit-form/?case_id=58653 or call Phillip Kim, Esq.\ntoll-free at 866-767-3653 or email case@rosenlegal.com for information on the\nclass action.\n\nNo Class Has Been Certified. Until a class is certified, you are not\nrepresented by counsel unless you retain one. You may select counsel of your\nchoice. You may also remain an absent class member and do nothing at this\npoint. An investor's ability to share in any potential future recovery is not\ndependent upon serving as lead plaintiff.\n\nFollow us for updates on LinkedIn:\nhttps://www.linkedin.com/company/the-rosen-law-firm, on Twitter:\nhttps://twitter.com/rosen_firm or on Facebook:\nhttps://www.facebook.com/rosenlawfirm/.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n\n-------------------------------\n\nContact Information:\n\nLaurence Rosen, Esq.\nPhillip Kim, Esq.\nThe Rosen Law Firm, P.A.\n275 Madison Avenue, 40th Floor\nNew York, NY 10016\nTel: (212) 686-1060\nToll Free: (866) 767-3653\nFax: (212) 202-3827\ncase@rosenlegal.com\nwww.rosenlegal.com\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/296528","article_body_html":"","raw_payload":{"data":{"id":"nNFC6LPsGM","title":"ROSEN, SKILLED INVESTOR COUNSEL, Encourages Upstart Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - UPST","author":"Newsfile Corp","ticker":"UPST","created":"2026-05-08T02:49:18.124Z","tickers":["UPST"],"exchange":"NASDAQ","article_body":"New York, New York--(Newsfile Corp. - May 7, 2026) - WHY: Rosen Law Firm, a\nglobal investor rights law firm, reminds purchasers of securities of Upstart\nHoldings, Inc. (NASDAQ: UPST) between May 14, 2025 and November 4, 2025,\ninclusive (the \"Class Period\"), of the important June 8, 2026 lead plaintiff\ndeadline.\n\nSO WHAT: If you purchased Upstart securities during the Class Period you may\nbe entitled to compensation without payment of any out of pocket fees or costs\nthrough a contingency fee arrangement.\n\nWHAT TO DO NEXT: To join the Upstart class action, go to\nhttps://rosenlegal.com/submit-form/?case_id=58653 or call Phillip Kim, Esq.\ntoll-free at 866-767-3653 or email case@rosenlegal.com for information on the\nclass action. A class action lawsuit has already been filed. If you wish to\nserve as lead plaintiff, you must move the Court no later than June 8, 2026. A\nlead plaintiff is a representative party acting on behalf of other class\nmembers in directing the litigation.\n\nWHY ROSEN LAW: We encourage investors to select qualified counsel with a track\nrecord of success in leadership roles. Often, firms issuing notices do not\nhave comparable experience, resources, or any meaningful peer recognition.\nMany of these firms do not actually handle securities class actions, but are\nmerely middlemen that refer clients or partner with law firms that actually\nlitigate the cases. Be wise in selecting counsel. The Rosen Law Firm\nrepresents investors throughout the globe, concentrating its practice in\nsecurities class actions and shareholder derivative litigation. Rosen Law Firm\nhas achieved, at that time, the largest ever securities class action\nsettlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS\nSecurities Class Action Services for number of securities class action\nsettlements in 2017. The firm has been ranked in the top 4 each year since\n2013 and has recovered hundreds of millions of dollars for investors. In 2019\nalone the firm secured over $438 million for investors. In 2020, founding\npartner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many\nof the firm's attorneys have been recognized by Lawdragon and Super Lawyers.\n\nDETAILS OF THE CASE: According to the lawsuit, throughout the Class Period,\ndefendants made false and/or misleading statements and/or failed to disclose\nthat: (1) Model 22 frequently overreacted to negative macroeconomic signals in\nperforming its risk-separation processes; (2) accordingly, Model 22's overall\naccuracy and propensity to increase loan approval rates was overstated; (3)\nModel 22's overly conservative assessment of credit and macroeconomic\nconditions was having a significant negative impact on Upstart's revenue\nresults, rendering Upstart's previously issued full year 2025 revenue guidance\nunreliable and/or unrealistic; and (4) as a result, defendants' public\nstatements were materially false and misleading at all relevant times. When\nthe true details entered the market, the lawsuit claims that investors\nsuffered damages.\n\nTo join the Upstart class action, go to\nhttps://rosenlegal.com/submit-form/?case_id=58653 or call Phillip Kim, Esq.\ntoll-free at 866-767-3653 or email case@rosenlegal.com for information on the\nclass action.\n\nNo Class Has Been Certified. Until a class is certified, you are not\nrepresented by counsel unless you retain one. You may select counsel of your\nchoice. You may also remain an absent class member and do nothing at this\npoint. An investor's ability to share in any potential future recovery is not\ndependent upon serving as lead plaintiff.\n\nFollow us for updates on LinkedIn:\nhttps://www.linkedin.com/company/the-rosen-law-firm, on Twitter:\nhttps://twitter.com/rosen_firm or on Facebook:\nhttps://www.facebook.com/rosenlawfirm/.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n\n-------------------------------\n\nContact Information:\n\nLaurence Rosen, Esq.\nPhillip Kim, Esq.\nThe Rosen Law Firm, P.A.\n275 Madison Avenue, 40th Floor\nNew York, NY 10016\nTel: (212) 686-1060\nToll Free: (866) 767-3653\nFax: (212) 202-3827\ncase@rosenlegal.com\nwww.rosenlegal.com\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/296528"},"type":"article","timestamp":"2026-05-08T02:49:18.190266534Z","server_sent_at_ms":1778208558190},"received_at":"2026-05-08T02:49:18.243Z","source_url":"https://www.newsfilecorp.com/release/296528"},"analysis":{"id":"21226","press_release_id":"27109","analysis_json":{"redFlags":[],"eventType":"legal_litigation","narrative":"Rosen Law Firm issued a securities class action solicitation for Upstart Holdings, Inc. (NASDAQ: UPST) investors who purchased securities between May 14, 2025 and November 4, 2025.\n\nThe release is a routine lead-plaintiff-deadline reminder, encouraging investors to contact the firm for information on the class action.\n\nNo class has been certified, and the firm is marketing its services, not disclosing new information from the company.","sentiment":"neutral","keyFigures":{},"quotedText":"According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Model 22 frequently overreacted to negative macroeconomic signals in performing its risk-separation processes; (2) accordingly, Model 22's overall accuracy and propensity to increase loan approval rates was overstated; (3) Model 22's overly conservative assessment of credit and macroeconomic conditions was having a significant negative impact on Upstart's revenue results, rendering Upstart's previously issued full year 2025 revenue guidance unreliable and/or unrealistic; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times.","namedEntities":{"people":[{"name":"Laurence Rosen","role":"founding partner"},{"name":"Phillip Kim","role":"attorney"}],"products":[],"companies":[{"name":"Rosen Law Firm","relationship":"plaintiff law firm"},{"name":"Upstart Holdings, Inc.","ticker":"UPST"}],"dollarAmounts":[{"amount":"$438 million","context":"recovered for investors in 2019"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Rosen Law Firm. No new disclosure from the issuer; no certified class, no settlement. Routine lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"UPST"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Rosen Law Firm issued a securities class action solicitation for Upstart Holdings, Inc. (NASDAQ: UPST) investors who purchased securities between May 14, 2025 and November 4, 2025.\n\nThe release is a routine lead-plaintiff-deadline reminder, encouraging investors to contact the firm for information on the class action.\n\nNo class has been certified, and the firm is marketing its services, not disclosing new information from the company.","key_figures":{},"named_entities":{"people":[{"name":"Laurence Rosen","role":"founding partner"},{"name":"Phillip Kim","role":"attorney"}],"products":[],"companies":[{"name":"Rosen Law Firm","relationship":"plaintiff law firm"},{"name":"Upstart Holdings, Inc.","ticker":"UPST"}],"dollarAmounts":[{"amount":"$438 million","context":"recovered for investors in 2019"}]},"model_name":"Qwen/Qwen3-32B-AWQ","prompt_hash":"sha256:f66160e0fe5301b2","schema_hash":"sha256:12363694422af5d9","created_at":"2026-05-08T05:42:22.304Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":15109,"modelName":"glm-4.7"}}