Upstart Holdings Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

SAN DIEGO–(BUSINESS WIRE)–$UPST #Upstart–Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Upstart Holdings, Inc. (NASDAQ: UPST). The investigation focuses on Upstart’s executive officers and whether investor losses may be recovered under federal securities laws.

What if I purchased Upstart securities?

If you purchased Upstart 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 [email protected] or (619) 814-4471.

There is no cost or obligation to you.

Background of the investigation

On November 5, 2025, Upstart disclosed that it missed third-quarter expectations after its Model 22 underwriting system reduced borrower approvals and conversion rates.

Following the disclosure, Upstart’s stock price declined approximately 14.8%.

Johnson Fistel is investigating whether Upstart complied with the federal securities laws. If you suffered losses from your investment in Upstart stock, contact Johnson Fistel.

About Johnson Fistel, PLLP | Top Law Firm – 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.

Achievements

In 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. This recognition reflects the firm’s effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where it served as lead or co-lead counsel. This marks the eighth time the firm has been recognized as a top plaintiffs’ securities law firm in the United States, based on the total dollar value of final recoveries.

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Contacts

Johnson Fistel, PLLP
501 W. Broadway, Suite 800
San Diego, CA 92101
James Baker, Investor Relations – or – Frank J. Johnson, Esq.
(619) 814-4471 | [email protected] | [email protected]