The law firm Kirby McInerney LLP is investigating potential securities law violations by MercadoLibre and its senior management. The investigation follows the company's first quarter 2026 financial results on May 7, 2026, which disclosed that average loan terms had extended from five to eight months and that provisions were being taken in Brazil related to the longer terms. MercadoLibre's share price fell $246.49, or about 13.12%, from $1,879.01 on May 7 to close at $1,632.52 on May 8, 2026. No lawsuit has been filed, and the investigation is ongoing to determine whether claims may be brought under federal securities laws.
MercadoLibre Inc.Investigation for potential securities law violations related to loan term disclosures, causing a 13% stock drop.