1. Marqeta faces a class action lawsuit for alleged securities fraud. 2. Claims include misleading statements regarding regulatory challenges and guidance cuts. 3. Investors affected between May 7, 2024, and November 4, 2024, can join. 4. The law firm has a strong track record in securities litigation. 5. No out-of-pocket costs for those who choose to participate.
Class action lawsuits can lead to significant financial liabilities and erode investor confidence. Historical cases demonstrate stock price declines post-lawsuit announcements.
This lawsuit indicates serious allegations which can impact Marqeta's market perception and valuation. The outcome can affect investor behavior.
The lawsuit's announcement is likely to cause immediate market reaction. Similar past lawsuits have resulted in quick stock price drops.
Levi & Korsinsky, LLP notifies investors in Marqeta, Inc. ("Marqeta" or the "Company") (NASDAQ: MQ) of a class action securities lawsuit.
The lawsuit seeks to recover losses on behalf of Marqeta investors who were adversely affected by alleged securities fraud between May 7, 2024 and November 4, 2024. Follow the link below to get more information and be contacted by a member of our team:
https://zlk.com/pslra-1/marqeta-inc-lawsuit-submission-form?prid=126016&wire=4
MQ investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
The filed complaint alleges that defendants made false statements and/or concealed 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.
If you suffered a loss in Marqeta during the relevant time frame, you have until February 7, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP