Investors Urged to Join Class Action Against Marqeta, Inc. for Securities Fraud Allegations

Investors Urged to Participate in Marqeta, Inc. Class Action

In an urgent notice to shareholders of Marqeta, Inc., the Schall Law Firm has reaffirmed the opportunity for investors to join a class action lawsuit against the company. This lawsuit stems from alleged violations of several key securities regulations during a critical Class Period from August 7, 2024, to November 4, 2024. This action is primarily focused on the company's failure to disclose significant regulatory challenges, which are believed to have drastically impacted its financial outlook and misled investors.

About Marqeta, Inc.

Marqeta is a publicly traded company known for its modern card issuing and payment processing platforms. However, according to the allegations in the suit, the company made false and misleading public statements regarding its business's regulatory environment, which subsequently led to substantial investor losses when the company adjusted its financial guidance downward for the fourth quarter of 2024.

The Allegations

The complaint specifies that within this Class Period, Marqeta's management was aware of certain regulatory obstacles yet failed to appropriately disclose these hurdles to investors. When these issues became public knowledge, the company's stock price took a noticeable hit, leading to significant financial losses for shareholders.

The Schall Law Firm, which specializes in securities class action lawsuits and shareholder rights litigation, is proactively encouraging affected investors to take action by joining the lawsuit. The firm is poised to represent both individual investors and institutions in seeking justice and recovering losses tied to this alleged misconduct.

How to Get Involved

If you purchased Marqeta's securities during the specified Class Period and believe you were impacted by these violations, you are urged to contact the Schall Law Firm before the critical date of February 7, 2025. Legal representation can be crucial in navigating the complexities of such lawsuits, and participating in this lawsuit not only can help you recover your losses but also holds the company accountable for its alleged actions.

The firm has provided multiple avenues for individuals to reach out, including a direct phone line at 310-301-3335, a contact email, and their website at www.schallfirm.com. Potential class members are advised that the class has yet to be certified, and thus, individuals who remain inactive will remain as absent class members.

What’s Next?

As the situation continues to develop, the Schall Law Firm is prepared to represent affected investors globally in this legal matter. Stakeholders are encouraged to stay informed and take the necessary steps to join this critical lawsuit aimed at enforcing shareholder rights and pursuing potential damages.

In conclusion, if you are among those who have suffered financially due to Marqeta's alleged misleading practices, now is the time to act. Gathering as a class not only strengthens the case against the company but also empowers individual investors in the fight for fairness and accountability in the financial markets.