Core Viewpoint - A securities class action lawsuit has been filed against Visa Inc. for alleged violations of federal antitrust laws during the Class Period from November 16, 2023, to September 23, 2024 [1][3]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Northern District of California [1]. - The lead plaintiff deadline for investors to seek representation is January 21, 2025 [1][4]. - The complaint alleges that Visa made materially false and misleading statements regarding its compliance with federal antitrust laws [3]. Group 2: Allegations Against Visa - The complaint claims that Visa was not in compliance with federal antitrust laws [3]. - It is alleged that Visa lacked effective internal programs and policies to assess and control compliance with these laws [3]. - As a result of these issues, Visa's public statements were deemed materially false and misleading throughout the Class Period [3]. Group 3: Legal Representation - Investors may seek to be appointed as lead plaintiff through Kessler Topaz Meltzer & Check, LLP or other counsel [4]. - The lead plaintiff represents the interests of all class members and selects counsel to direct the litigation [4]. - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [4].
Class Action Reminder for NASDAQ: V: Kessler Topaz Meltzer & Check, LLP Reminds Visa Inc. Investors of Securities Fraud Class Action Lawsuit