Investors Alert: Cardlytics Class Action Deadline Approaches

Investors Alert: Cardlytics Class Action Deadline Approaches – Join Levi & Korsinsky

Investors Alert: Important Class Action Notice for Cardlytics, Inc.

As a valued investor in Cardlytics, Inc. (NASDAQ: CDLX), you may be interested in a class action lawsuit that seeks to address issues of alleged securities fraud that occurred between March 14, 2024, and August 7, 2024. Levi & Korsinsky, LLP has issued a notice urging affected investors to take action before the deadline on March 25, 2025. This article delves into the key details of the lawsuit, how it impacts investors, and the necessary steps to participate in the class action.

Understanding the Class Action

The heart of the matter lies in a filed complaint that claims Cardlytics' management made misleading statements which concealed vital information affecting investor decisions. Specifically, the suit alleges that:
1. Higher consumer engagement led the company to increase incentives but not billing.
2. As such, there was a real risk of declining revenue growth.
3. The updates to the Ads Decision Engine resulted in budget under-delivery, further misleading investors about the company's actual performance.

These alleged actions raise significant concerns for not just current investors but also potential stakeholders, as they pointedly claim that Cardlytics gave a false portrayal of its business operations and financial health.

Who Can Participate?

Investors who bought shares of Cardlytics during the specified period and suffered financial losses can join the class action to recover damages. No upfront payments or fees are required to participate if you qualify. You can email the firm's representative, Joseph E. Levi, Esq., for more information or submit your details via the designated form on their website.

Key Dates and Deadlines

The cut-off date for joining the action is imminent, which makes it crucial for those potentially impacted to act quickly. By asserting your rights before March 25, 2025, you may be able to recover what you've lost due to the alleged securities fraud. It's important to note that participating as a lead plaintiff is not a prerequisite for seeking compensation.

Levi & Korsinsky’s Track Record

Levi & Korsinsky, LLP brings over two decades of experience in advocating for investor rights, having successfully secured hundreds of millions for shareholders across various cases. Their proven success and extensive resources make them a formidable ally in complex securities litigation. For seven consecutive years, they have ranked among the top securities litigation firms in the United States, as reported by ISS Securities Class Action Services.

How to Get Involved

Investors can visit the special form linked in the notice or reach out via email to initiate their participation in the case. If you'd like to learn more about this class action or discuss your situation with a legal representative, engaging with Levi & Korsinsky's experienced team can provide you with the guidance you need. You can contact them at their New York office located at 33 Whitehall Street, 17th Floor, New York, NY 10004.

In conclusion, if you are a Cardlytics investor, this class action represents an important opportunity to potentially reclaim losses due to alleged fraudulent practices. Don't miss your chance to get involved before the March 25 deadline. Protect your investments and make sure your voice is heard as a part of this pivotal lawsuit.