GREENSKY SHAREHOLDERS HAVE AN OPPORTUNITY TO RECOVER THEIR INVESTMENT LOSSES

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GreenSky, Inc.

Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of those who purchased or acquired the securities of GreenSky, Inc. (NASDAQ: GSKY) pursuant or traceable to the Company’s initial public offering, which closed on May 29, 2018. The lawsuit seeks to recover GreenSky shareholders’ investment losses.

If you purchased shares of GreenSky pursuant or traceable to the Company’s initial public offering, which closed on May 29, 2018, and would like to join the action, please click “Join Class Action” above.

GREENSKY CLASS ACTION LAWSUIT: BERNSTEIN LIEBHARD LLP ANNOUNCES THAT A SECURITIES CLASS ACTION LAWSUIT HAS BEEN FILED AGAINST GREENSKY, INC. – GSKY

December 5, 2018.

New York, New York—Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of those who purchased or acquired the securities of GreenSky, Inc. (“GreenSky” or the “Company”) (NASDAQ: GSKY) pursuant or traceable to the Company’s initial public offering (“IPO”), which closed on May 29, 2018. The lawsuit seeks to recover GreenSky shareholders’ investment losses.

According to the lawsuit, Defendants made false and misleading statements and omissions in the registration statement and prospectus for the Company’s IPO (the “Offering Documents”) and, in so doing, violated Sections 11, 12(a)(2), and 15 of the Securities Act of 1933. At the time of the IPO, GreenSky was well underway in executing a strategy of swift expansion into the elective healthcare sector while simultaneously reducing its portfolio of solar panel merchants. This shift precipitated a significant decline in the Company’s largest source of revenue: transaction fees.

GreenSky charged its solar merchants high transaction fees but charged healthcare businesses substantially lower transaction fees. Defendants made false and misleading statements and omissions in the Offering Documents about the revenue effects of the change in the classes of merchants for whom it facilitated loans. When the truth was disclosed, GreenSky share prices dropped precipitously, and investors purchased shares pursuant or traceable to the IPO suffered harm.

If you wish to serve as lead plaintiff, you must move the Court no later than January 28, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.