Marqeta(MQ) Prnewswire·2025-02-04 12:08Core Viewpoint - A class action lawsuit has been filed against Marqeta, Inc. for alleged violations of federal securities laws, specifically related to misleading statements regarding regulatory challenges and a subsequent reduction in business outlook guidance [1][2]. Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased Marqeta's securities between August 7, 2024, and November 4, 2024, encouraging affected investors to contact the law firm before February 7, 2025 [1]. - Marqeta allegedly failed to disclose regulatory challenges that negatively impacted its business outlook, leading to a cut in its guidance for the fourth quarter of 2024 [2]. Group 2: Law Firm Profile - DJS Law Group specializes in enhancing investor returns through balanced counseling and aggressive advocacy, focusing on securities class actions and corporate governance litigation [3]. - The firm represents some of the largest hedge funds and alternative asset managers, emphasizing the value of litigation claims as significant assets [3].