Robbins LLP Urges V Stockholders with Large Losses to Contact the Firm for Information About the Visa Inc. Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Visa Inc. for allegedly misleading investors about the risks of antitrust investigations related to its monopolization of the debit card payment processing market [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Visa downplayed the likelihood of federal antitrust investigations, which ultimately materialized when the U.S. Department of Justice sued Visa on September 24, 2024 [2]. - Following the announcement of the lawsuit, Visa's stock price dropped by $1.48, or 5.38%, closing at $26.03 per share [2]. Group 2: Class Action Participation - Investors who purchased Visa securities between November 16, 2023, and September 23, 2024, may be eligible to participate in the class action [1][3]. - Shareholders interested in serving as lead plaintiffs must submit their applications by January 20, 2025 [3]. Group 3: Legal Representation - Robbins LLP, the law firm handling the case, operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [4]. - The firm has a history of recovering over $1 billion for shareholders since its inception in 2002 [5].