1. Marqeta faces a class action lawsuit for misleading statements. 2. Allegations include understated regulatory challenges affecting business outlook. 3. The lawsuit claims MQ will cut its Q4 2024 guidance significantly. 4. Deadline for shareholders to register as lead plaintiff is February 7, 2025. 5. The class action could lead to financial recovery for impacted shareholders.
The class action lawsuit indicates potential liability, historically impacting stock prices negatively.
Legal troubles can significantly influence investor confidence and stock price.
The deadline is upcoming, with immediate effects likely on MQ stock price.
NEW YORK, Feb. 3, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Marqeta, Inc. (NASDAQ: MQ).
Shareholders who purchased shares of MQ during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
https://securitiesclasslaw.com/securities/marqeta-inc-loss-submission-form/?id=126262&from=4
May 7, 2024 to November 4, 2024
The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Marqeta understated the regulatory challenges affecting its business outlook; (2) as a result, Marqeta would have to cut its guidance for the fourth quarter of 2024 and; (3) as a result, defendants' public statements were materially false and/or misleading at all relevant times.
February 7, 2025. Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/marqeta-inc-loss-submission-form/?id=126262&from=4
Once you register as a shareholder who purchased shares of MQ during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is February 7, 2025. There is no cost or obligation to you to participate in this case.
The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903
SOURCE The Gross Law Firm