#United States #New York #Securities Fraud #Rosen Law Firm #Marqeta

Potential Class Action Against Marqeta, Inc. (NASDAQ: MQ)

The Rosen Law Firm, a prominent global investor rights law firm, has issued a notice to individuals who purchased Marqeta, Inc. securities between May 7, 2024, and November 4, 2024, regarding a significant class action lawsuit concerning allegations of securities fraud. This notice is a reminder that the deadline to apply as a lead plaintiff is swiftly approaching, set for February 7, 2025.

Important Details of the Class Action

For investors who acquired Marqeta shares within the designated period, there may be an opportunity to receive compensation without incurring any upfront fees or costs through a contingency fee arrangement. Those interested in becoming part of the lawsuit are encouraged to visit the Rosen Law Firm's website or contact their legal team directly. It’s essential to note that a class action has already been initiated, and potential participants need to act quickly if they wish to take on a lead role in the proceedings.

To join the class action, investors can fill out a form available at Rosen Law Firm's website or reach out to attorney Phillip Kim at 866-767-3653 for more information.

Why Choose Rosen Law Firm?

Investors are urged to select experienced legal counsel with a proven track record in handling securities class actions. The Rosen Law Firm is recognized for its expertise and success within this sector, previously securing the largest securities class action settlement against a Chinese company at one time. The firm has consistently ranked among the top law firms for securities class action settlements, having recovered over $438 million for investors in a single year.

Allegations Against Marqeta

The class action lawsuit claims that Marqeta made materially false and misleading statements and omitted critical information regarding the challenges facing its business. Specifically, the allegations indicate that Marqeta failed to adequately disclose regulatory hurdles impacting its operational capacity, leading to an inevitable reduction in revenue guidance for the fourth quarter of 2024. Consequently, investors suffered financial losses when these realities became public.

Next Steps for Investors

As of now, the class has not yet been certified. Until certification occurs, those who purchased Marqeta securities are not formally represented unless they hire counsel of their choosing. Investors have the option to remain passive or actively join the class by filing their intent to participate.

Investors seeking further updates can follow the Rosen Law Firm on social media platforms like LinkedIn, Twitter, and Facebook. For legal representation in this class action, the firm urges all interested parties to secure their place before the February deadline.

Contact Information

For additional inquiries or to join the class action, interested investors can contact:

• - Laurence Rosen, Esq.
• - Phillip Kim, Esq.
• - The Rosen Law Firm, P.A.
• - 275 Madison Avenue, 40th Floor
• - New York, NY 10016
• - Phone: (212) 686-1060
• - Toll-Free: (866) 767-3653
• - Email: email protected]
• - Website: [www.rosenlegal.com

This lawsuit represents a critical opportunity for investors impacted by Marqeta's alleged malpractice to reclaim their losses and highlights the importance of corporate transparency.