SAN DIEGO, Dec. 21, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Marqeta, Inc. (NASDAQ: MQ) securities between May 7, 2024 and November 4, 2024, inclusive (the “Class Period”), have until February 7, 2025 to seek appointment as lead plaintiff of the Marqeta class action lawsuit. Captioned Ford v. Marqeta, Inc., No. 24-cv-08892 (N.D. Cal.), the Marqeta class action lawsuit charges Marqeta as well as certain of Marqeta’s top executives with violations of ...

NEW YORK, Dec. 20, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Marqeta, Inc. ("Marqeta" or the "Company") (NASDAQ: MQ) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Marqeta investors who were adversely affected by alleged securities fraud between May 7, 2024 and November 4, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/marqeta-inc-lawsuit-submission-form?prid= ...

Core Viewpoint - Marqeta, Inc. is facing a class action lawsuit for allegedly making misleading statements regarding its business outlook and regulatory challenges, leading to a significant reduction in its revenue guidance for Q4 2024 [3][4]. Group 1: Lawsuit Details - The class action lawsuit, titled Ford v. Marqeta, Inc., involves purchasers of Marqeta securities from May 7, 2024, to November 4, 2024, with a deadline of February 7, 2025, for lead plaintiff applications [1]. - The lawsuit claims that Marqeta and its executives violated the Securities Exchange Act of 1934 by failing to disclose regulatory challenges and subsequently cutting Q4 2024 guidance [3][4]. Group 2: Financial Impact - On November 4, 2024, Marqeta revised its Q4 2024 guidance to 10-12% net revenue growth and 13-15% gross profit growth, down from previous projections of 16-18% and 22-24%, respectively [4]. - Following the announcement of the revised guidance, Marqeta's stock price dropped by over 42% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Marqeta securities during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5]. - The lead plaintiff can choose a law firm to represent the class, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud cases, having recovered $6.6 billion for investors in class action cases, significantly more than any other firm in recent years [6].

Core Viewpoint - Investors in Marqeta, Inc. have until February 7, 2025, to file lead plaintiff applications in a securities class action lawsuit due to alleged failures in disclosing material information during the specified Class Period [1]. Group 1: Lawsuit Details - The lawsuit against Marqeta and certain executives alleges violations of federal securities laws, specifically failing to disclose regulatory challenges and the need to cut fourth-quarter guidance for 2024 [3]. - The case is identified as Wai v. Marqeta, Inc., et al., No. 24-cv-08874 [4]. Group 2: Investor Support - ClaimsFiler provides a free service for investors to access information regarding securities class action settlements and offers assistance in filing claims [5]. - Investors can register for free, upload portfolio data for notifications on relevant cases, and seek free case evaluations from the law firm Kahn Swick & Foti, LLC [5].

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Marqeta, Inc. (NASDAQ: MQ) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Marqeta, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/marqeta-inc. Investors have until February 7, 2025, to ask the Court to be appointed to lead the c ...

NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Marqeta, Inc. (NASDAQ: MQ) between May 7, 2024 and November 4, 2024, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 7, 2025 in the securities class action first filed by the Firm. SO WHAT: If you purch ...

Core Viewpoint - A class action lawsuit has been filed against Marqeta, Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Marqeta securities between August 7, 2024, and November 4, 2024 [2]. - The Complaint alleges that Marqeta made false and misleading statements regarding regulatory challenges and its business outlook, leading to a necessary cut in guidance for Q4 2024 [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Marqeta have until February 7, 2025, to request to be appointed as lead plaintiff in the case [4]. - A copy of the Complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful in the lawsuit [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering significant amounts for investors in securities fraud cases [6].

LOS ANGELES, Dec. 11, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Marqeta, Inc. ("Marqeta" or "the Company") (NASDAQ: MQ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 7, 2024 and November 4, 2024, inclusive (the "Class Period"), are enc ...

NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Marqeta, Inc. (NASDAQ: MQ) resulting from allegations that Marqeta may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Marqeta securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. Th ...

BENSALEM, Pa., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of Marqeta, Inc. (“Marqeta” or the “Company”) (NASDAQ: MQ) investors concerning the Company’s possible violations of federal securities laws. On November 4, 2024, Marqeta released weaker-than-expected third quarter 2024 financial results and fourth quarter 2024 guidance. The Company explained its “guidance reflects several changes that became apparent over the last few months with regards t ...