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SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Marqeta, Inc. - MQ
MQMarqeta(MQ) Prnewswire·2025-02-04 20:33

Core Viewpoint - A class action lawsuit has been filed against Marqeta, Inc. concerning allegations of securities fraud and unlawful business practices [2][3]. Group 1: Lawsuit Details - The lawsuit involves Marqeta and certain officers and/or directors, with a deadline of February 7, 2025, for shareholders to apply as Lead Plaintiff [2]. - Investors are encouraged to contact Pomerantz LLP for more information regarding the lawsuit [1]. Group 2: Financial Performance - On November 4, 2024, Marqeta reported weaker-than-expected financial results for Q3 2024 and provided a fourth quarter guidance that indicated changes due to increased scrutiny in the banking environment [3]. - Following the announcement, Marqeta's stock price dropped by 2.53,or42.522.53, or 42.52%, closing at 3.42 per share on November 5, 2024 [3].