Class action lawsuit filed against Upstart over misleading revenue forecasts in 2025.

Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Upstart Holdings securities between May and November 2025. The lawsuit alleges that Upstart made false and misleading statements about its loan approval model, Model 22, which overstated its accuracy and negatively impacted revenue forecasts for 2025. Investors who bought Upstart securities during this period may be eligible for compensation. Those interested in joining the lawsuit must act by June 8, 2026.