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V Deadline: V Investors Have Opportunity to Lead Visa Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm

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Information

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Visa Inc. (NYSE: V) between November 16, 2023, and...

Original source

AI Summary

Securities class action filed against Visa for alleged federal antitrust violations. Investors may seek compensation without upfront fees if they join the class. Lead plaintiff must be appointed by January 21, 2025. Rosen Law Firm has a strong track record in securities class actions. Lawsuit claims Visa's statements were false and misleading regarding compliance.

Sentiment Rationale

Legal issues often lead to investor uncertainty and can depress stock prices, as seen previously in high-profile lawsuits.

Trading Thesis

The upcoming lead plaintiff deadline may create immediate market reactions but not lasting impacts.

Market-Moving

  • Securities class action filed against Visa for alleged federal antitrust violations.
  • Investors may seek compensation without upfront fees if they join the class.
  • Lead plaintiff must be appointed by January 21, 2025.

Key Facts

  • Securities class action filed against Visa for alleged federal antitrust violations.
  • Investors may seek compensation without upfront fees if they join the class.
  • Lead plaintiff must be appointed by January 21, 2025.
  • Rosen Law Firm has a strong track record in securities class actions.
  • Lawsuit claims Visa's statements were false and misleading regarding compliance.

Companies Mentioned

  • V (V)

Legal

Legal actions against Visa could significantly impact investor confidence and stock valuation.

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Visa Inc. (NYSE: V) between November 16, 2023, and September 23, 2024, both dates inclusive (the "Class Period"), of the important January 21, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. So what: If you purchased Visa 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 Visa class action, go to https://rosenlegal.com/submit-form/?case_id=29131 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 January 21, 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 the 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) Visa was not in compliance with federal antitrust laws; (2) Visa did not have effective internal programs and policies to assess and control compliance with federal antitrust laws; 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 Visa class action, go to https://rosenlegal.com/submit-form/?case_id=29131 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.

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