Curated News
By: NewsRamp Editorial Staff
December 30, 2024
Investor Alert: Securities Fraud Class Action Lawsuit Filed Against Marqeta, Inc.
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- Lead plaintiff deadline for securities class action lawsuits against Marqeta, Inc. is February 7, 2025, potentially offering advantage to investors.
- Investors may seek to be appointed as lead plaintiff representative or remain an absent class member by February 7, 2025.
- Kessler Topaz Meltzer & Check, LLP aims to protect investors from fraud and misconduct, seeking justice and recovery for victims.
- Marqeta faced challenges leading to reduced guidance for the fourth quarter of 2024, impacting investors and highlighting company issues.
Impact - Why it Matters
This news is important for investors who purchased Marqeta securities between May 7, 2024, and November 4, 2024, as it highlights alleged misconduct by the company's defendants. Investors have the opportunity to participate in the lead plaintiff process and potentially recover losses resulting from the misleading statements made by Marqeta.
Summary
The law firm of Kessler Topaz Meltzer & Check, LLP informs investors of securities class action lawsuits filed against Marqeta, Inc. The complaints allege that Marqeta understated regulatory challenges, leading to a cut in guidance for the fourth quarter of 2024. Investors have until February 7, 2025, to seek appointment as lead plaintiff representatives.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Investor Alert: Securities Fraud Class Action Lawsuit Filed Against Marqeta, Inc.
