#United States #Kessler Topaz #Securities Fraud #Radnor #Marqeta

Important Notice for Marqeta Investors

Kessler Topaz Meltzer & Check, LLP, a prominent law firm known for its work in class action lawsuits, has issued a reminder to investors concerning an ongoing securities class action lawsuit filed against Marqeta, Inc. (NASDAQ: MQ). The lawsuit, which addresses significant allegations of securities fraud, is pending in the United States District Court for the Northern District of California. Investors who purchased or otherwise acquired Marqeta securities between May 7, 2024, and November 4, 2024, are encouraged to take immediate action. The lead plaintiff deadline for this lawsuit is February 7, 2025.

The allegations made against Marqeta relate to claims of materially false and misleading statements made by the company's executives during the stated Class Period. According to the complaints, Marqeta has failed to disclose crucial information regarding regulatory challenges that affected its business outlook, leading to an eventual reduction in guidance for the fourth quarter of 2024. This misrepresentation has caused considerable financial losses for investors, prompting them to seek redress through legal channels.

Kessler Topaz Meltzer & Check, LLP emphasizes the significance of the lead plaintiff process. A lead plaintiff serves as a representative for the entire class of investors, helping to guide the litigation while protecting the interests of those affected. Investors considering this role are advised to engage with Kessler Topaz or alternative legal counsel before the February 7 deadline. Failing to take action may result in remaining an absent class member, which could impact their ability to recover losses.

For those investors who have suffered significant losses due to their involvement with Marqeta, direct communication with Kessler Topaz Meltzer & Check, LLP is recommended. The firm is encouraging potential class members to provide details about their investments to gain clarity on their options and eligibility.

Kessler Topaz Meltzer & Check has established a robust reputation in prosecuting class actions in federal and state courts across the United States and internationally. With a commitment to representing victims of fraud and corporate misconduct, the firm has successfully recovered billions of dollars for clients in similar situations. Investors are urged to stay informed and active regarding their rights and possible recovery avenues.

How to Get Involved

Investors interested in pursuing action against Marqeta can visit Kessler Topaz's website for more details or contact attorney Jonathan Naji at (484) 270-1453 or via email at [email protected]. Taking early action is crucial to ensure that rights are protected and that participation in the class action is secured.

In conclusion, the filing of this lawsuit highlights the serious implications of corporate governance and compliance protocols within publicly traded companies such as Marqeta. As the situation develops, affected investors are encouraged to remain vigilant and proactive in their pursuit of justice and potential financial restitution.