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Contact Levi & Korsinsky by February 7, 2025 Deadline to Join Class Action Against Marqeta, Inc.(MQ)
MarqetaMarqeta(US:MQ) Prnewswireยท2025-01-03 10:30

Core Viewpoint - Marqeta, Inc. is facing a class action securities lawsuit due to alleged securities fraud that occurred between May 7, 2024, and November 4, 2024, which has adversely affected investors [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Marqeta made false statements regarding its business outlook, specifically underestimating regulatory challenges [2]. - As a consequence of these alleged misstatements, Marqeta is expected to reduce its guidance for the fourth quarter of 2024 [2]. - The defendants' public statements are asserted to be materially false and misleading throughout the relevant period [2]. Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until February 7, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]. - The firm has over 70 employees dedicated to serving clients in complex securities litigation [4].