Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Marqeta, Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors during a specified class period [1][2] Summary by Relevant Sections Legal Investigation - The investigation is focused on whether Marqeta's board of directors breached their fiduciary duties to the company [1] - A class action complaint was filed on December 9, 2024, covering a class period from May 7, 2024, to November 4, 2024 [1] Allegations in the Lawsuit - The lawsuit claims that Marqeta made false and misleading statements regarding its business outlook, specifically underestimating regulatory challenges [2] - It is alleged that Marqeta would need to cut its guidance for the fourth quarter of 2024 as a result of these challenges [2] - The lawsuit asserts that the public statements made by the defendants were materially false and misleading throughout the relevant period [2] Contact Information for Stakeholders - Long-term stockholders of Marqeta are encouraged to reach out for more information regarding the claims or their rights [3]
MARQETA ALERT: Bragar Eagel & Squire, P.C. is Investigating Marqeta, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm