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Investors in Cardlytics, Inc. Should Contact Levi & Korsinsky Before March 25, 2025 to Discuss Your Rights - CDLX
CDLXCardlytics(CDLX) Prnewswire·2025-02-18 10:45

Core Viewpoint - A class action securities lawsuit has been filed against Cardlytics, Inc. for alleged securities fraud affecting investors between March 14, 2024, and August 7, 2024 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Cardlytics made false statements regarding consumer engagement and its ability to increase billings, leading to a significant risk of revenue growth slowing or declining [2] - Allegations include that changes to the Ads Decision Engine resulted in "under-delivery" of budgets and customer billing estimates, which misled investors about the company's business prospects [2] Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until March 25, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky 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]