V Stock News – Lead Plaintiff Deadline Approaching – Robbins LLP Urges Investors with Large Losses to Seek Counsel in the Visa Inc. Class Action

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 [2][3]. Group 1: Allegations and Legal Actions - The lawsuit claims that Visa downplayed the risks of federal antitrust investigations during the class period from November 16, 2023, to September 23, 2024 [3]. - On September 24, 2024, the U.S. Department of Justice filed a lawsuit against Visa for monopolizing the debit card payment processing market, leading to a significant drop in Visa's stock price by $1.48, or 5.38$26.03 per share [3]. Group 2: Class Action Participation - Investors who purchased Visa securities during the specified period may be eligible to participate in the class action, with a deadline to apply as lead plaintiff set for January 20, 2025 [4]. - A lead plaintiff represents the interests of other class members in the litigation, although participation is not required to be eligible for recovery [4]. Group 3: Company Background - Robbins LLP, the law firm handling the case, has a history of litigating securities class actions and has recovered over $1 billion for shareholders since its inception in 2002 [5].