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GlobeNewswire·

DAVE, INC. INVESTIGATION: DAVE Securities Investors Encouraged to Contact Kirby McInerney LLP About Their Rights

  • Kirby McInerney LLP is investigating potential federal securities law violations & unlawful business practices by Dave, Inc. (NASDAQ: DAVE).
  • Dave filed a Form 10-Q on November 4, 2026, disclosing ongoing inquiries & subpoenas from regulators in Connecticut, Maryland, & New York.
  • Connecticut & Maryland banking regulators are inquiring about licensing issues, while the Maryland Attorney General requested information on earned wage access products.
  • The New York State Department of Financial Services & the New York Attorney General issued subpoenas regarding marketing materials, fees, terms, & consumer communications.
  • Dave stated that resolving these matters could result in significant monetary costs, penalties, & a major impact on financial results.
  • Dave shares declined by $60.88 (18.1%) from $336.22 to close at $275.34 between November 4, 2026, & November 5, 2026.
  • No lawsuit has been filed yet as the investigation remains ongoing to determine if claims can be brought under federal securities laws.
  • Investors who purchased Dave securities are encouraged to contact Lauren Molinaro at Kirby McInerney LLP to learn about their rights at no cost.