StockNews.AI
MQ
StockNews.AI
200 days

MQ Deadline: MQ Investors Have Opportunity to Lead Marqeta, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm

1. Rosen Law Firm promotes class action for Marqeta investors from May to Nov 2024. 2. Investors may claim compensation without out-of-pocket fees via the class action. 3. Lawsuit alleges Marqeta made false statements about regulatory challenges and guidance. 4. True business outlook led to potential investor damages when revealed. 5. Deadline for lead plaintiff motion is February 7, 2025.

5m saved
Insight
Article

FAQ

Why Bearish?

False statements and regulatory challenges can damage investor confidence, similar to past lawsuits.

How important is it?

The lawsuit directly challenges the credibility of Marqeta, impacting investor perception and stock prices.

Why Short Term?

Immediate market reaction expected due to the lawsuit's announcement; could escalate if proven.

Related Companies

MQ
NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Marqeta, Inc. (NASDAQ: MQ) between May 7, 2024 and November 4, 2024, both dates inclusive (the "Class Period"), of the important February 7, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. So what: If you purchased Marqeta securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Marqeta class action, go to https://rosenlegal.com/submit-form/?case_id=32001 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 7, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, defendants throughout the Class Period made 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. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Marqeta class action, go to https://rosenlegal.com/submit-form/?case_id=32001 https://rosenlegal.com/submit-form/?case_id=28116call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq.      Phillip Kim, Esq.      The Rosen Law Firm, P.A.      275 Madison Avenue, 40th Floor      New York, NY 10016      Tel: (212) 686-1060      Toll Free: (866) 767-3653      Fax: (212) 202-3827      [email protected]       www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A.

Related News