MercadoLibre, Inc. (NASDAQ: MELI)

This investigation is for anyone who acquired securities in MercadoLibre, Inc. (NASDAQ: MELI) prior to May 7, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by assuring investors that its aggressive credit expansion had “worked out well,” that management was “very comfortable” with portfolio quality, and that there would not be “any surprises,” despite that the Company had already extended average loan duration from five months to eight months.

On May 7, 2026, MercadoLibra released its first quarter 2026 financial results and disclosed that loans which were “typically on average of 5 months” had now “moved to 8 months” and that the Company is “taking provisions in Brazil… related on the one hand, to extending the average term of our loans.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in MercadoLibre, Inc. (NASDAQ: MELI) prior to May 7, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.