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MARQETA ALERT: Bragar Eagel & Squire, P.C. is Investigating Marqeta, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

1. Marqeta faces a class action lawsuit from shareholders. 2. Claims allege misleading statements regarding regulatory challenges. 3. Investors may suffer damages due to revised business guidance. 4. The lawsuit concerns fiduciary duty breaches by Marqeta's board. 5. Investigation ongoing by Bragar Eagel & Squire, P.C.

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FAQ

Why Very Bearish?

The lawsuit indicates potential financial and reputational harm. Previous lawsuits have negatively impacted stock prices of affected companies.

How important is it?

The lawsuit directly involves Marqeta's operations and trust among investors. Legal issues can lead to significant fluctuations in stock performance.

Why Short Term?

Immediate investor sentiment may decline due to lawsuit news. Similar past cases showed quick price reactions post-announcement.

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NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Marqeta, Inc. (NASDAQ:MQ) on behalf of long-term stockholders following a class action complaint that was filed against Marqeta on December 9, 2024 with a Class Period from May 7, 2024 to November 4, 2024. Our investigation concerns whether the board of directors of Marqeta have breached their fiduciary duties to the company. According to the lawsuit, defendants throughout the Class Period made 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. When the true details entered the market, the lawsuit claims that investors suffered damages. If you are a long-term stockholder of Marqeta, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information: Bragar Eagel & Squire, P.C.Brandon Walker, Esq.Marion Passmore, Esq.(212) 355-4648investigations@bespc.comwww.bespc.com

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