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Visa Inc. Class Action: Levi & Korsinsky Reminds Visa Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 21, 2025 – V
GlobeNewswire·2025-01-16 18:33

Lawsuit Overview - A class action securities lawsuit has been filed against Visa Inc (NYSE: V) on behalf of investors who suffered losses between November 16, 2023, and September 23, 2024 [1] - The lawsuit alleges that Visa Inc was not in compliance with federal antitrust laws and lacked effective internal programs to ensure compliance [2] - Investors who suffered losses during the relevant period have until January 21, 2025, to request to be appointed as lead plaintiff [3] Allegations - The complaint claims that Visa Inc made false statements and/or concealed material information regarding its compliance with federal antitrust laws [2] - It is alleged that Visa Inc did not have adequate internal policies to assess and control compliance with antitrust laws [2] - The lawsuit asserts that these actions led to materially false and/or misleading public statements, causing investor damages when the truth emerged [2] Legal Representation - Levi & Korsinsky, LLP, the law firm handling the case, has a 20-year track record of securing hundreds of millions of dollars for aggrieved shareholders [4] - The firm has been ranked in the ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the US [4] - Levi & Korsinsky has a team of over 70 employees specializing in complex securities litigation [4]