#United States #New York #Securities Fraud #Visa Inc. #Rosen Law Firm

Opportunity for Visa Inc. Investors to Join Class Action

Investors of Visa Inc. (NYSE: V) who purchased securities between November 16, 2023, and September 23, 2024, should take note of an important legal development. The Rosen Law Firm, recognized for its focus on investor rights globally, has initiated a class action lawsuit regarding potential securities fraud involving the multinational financial services corporation.

Key Information Regarding the Lawsuit

The class period covers a timeline where substantial allegations regarding Visa’s compliance with federal antitrust laws surfaced. According to the lawsuit, Visa is accused of making materially false statements or failing to disclose critical information related to its compliance practices. The specific claims include that Visa did not adhere to federal antitrust laws and lacked effective internal mechanisms to ensure compliance.

If you're among the investors who bought Visa stock during this specified period, you might be eligible to participate in this legal action. This process involves no upfront financial cost for class members, as the Rosen Law Firm operates on a contingency basis, meaning they only collect fees from the settlement amount should you win.

Joining the Class Action

To be considered for participation as a lead plaintiff or a member of this class action lawsuit, potential plaintiffs are encouraged to act promptly. The deadline for submitting an application to join the lawsuit is set for January 21, 2025. You can join the action by visiting the Rosen Law Firm’s website here or by calling attorney Phillip Kim at their toll-free number, 866-767-3653. Furthermore, you can reach out via email at [email protected] for more details.

It's essential to understand that until the class is formally certified, many protections do not apply, meaning you are not automatically represented unless you take steps to retain counsel.

Background on Rosen Law Firm

Rosen Law Firm has built a solid reputation within the legal community for its success in handling securities class action lawsuits. The firm advocates for investor rights and has received recognition for significant settlements. Notable achievements include being ranked No. 1 by ISS Securities Class Action Services for settlements in 2017, along with being consistently in the top four for the same category since 2013.

The firm achieved settlements worth hundreds of millions of dollars for its clients, exemplifying its effectiveness in securities litigation. In 2019 alone, the firm successfully recovered over $438 million for investors. Laurence Rosen, one of the founding partners, has been acknowledged by Law360 as a significant figure in the plaintiffs' bar.

Why You Should Consider Participation

Participating in this class action may not only lead to compensation for potential damages suffered due to Visa's alleged securities fraud but also contribute to holding corporations accountable by asserting investor rights. If you believe you have been affected by the actions of Visa Inc. during the class period, it may be beneficial to consult legal counsel and consider joining this collective action.

For real-time updates and information, you can follow the Rosen Law Firm on their LinkedIn here, Twitter here, or their Facebook page here.

Disclaimer

Attorney advertising is important to note, as past outcomes do not guarantee future results. Investors should carefully evaluate their options and seek qualified legal advice tailored to their individual situations.

By taking action now, Visa investors can protect their rights and potentially recover losses incurred from what are being argued as deceptive practices by Visa. Don’t miss the chance to assert your rights as an investor; qualified legal representation is available through the firm’s extensive network of experienced attorneys.