Marqeta Investors Urged to Join Class Action Against Securities Fraud Allegations

Investors of Marqeta, Inc. Should Take Note
On February 7, 2025, a critical deadline approaches for investors who purchased Marqeta, Inc. [NASDAQ: MQ] securities during the period spanning from May 7, 2024, to November 4, 2024. The Rosen Law Firm, a prominent global investor rights law firm, has filed a securities class action lawsuit on behalf of affected investors and encourages them to act swiftly to secure their participation in this significant legal action.

Why This Matters
Purchasing Marqeta securities during the designated class period might entitle investors to compensation, with no upfront fees due to the contingency fee agreement provided by the Rosen Law Firm. Investors need to understand that each individual has a chance to be a lead plaintiff, representing fellow investors in directing the ongoing litigation.

Understanding the Allegations
The lawsuit outlines that throughout the class period, Marqeta and its representatives made several materially false and misleading statements regarding the company’s business outlook. Significant accusations against Marqeta include:
1. Understating regulatory challenges that were affecting business operations.
2. Falsely presenting an optimistic outlook that led to an unrealistic market perception.
3. Failure to disclose that a reduction of fourth-quarter 2024 guidance was imminent, which would negatively impact stock prices upon disclosure of accurate information.

As the truth emerged, investors experienced substantial damages, prompting the filing of this collective lawsuit in an effort to seek justice and potential restitution.

Next Steps for Investors
Investors who acquired Marqeta securities are urged to visit the Rosen Law Firm's dedicated webpage for submitting their details or to reach out directly via phone or email for further instructions regarding their legal standing and potential compensation. Interested individuals can access the submission page at https://rosenlegal.com/submit-form/?case_id=32001 or alternatively contact Phillip Kim, Esq. at 866-767-3653 or via email at [email protected]

Why Choose Rosen Law Firm?
With a reputation for success, the Rosen Law Firm has achieved notable outcomes in securities class actions and has garnered recognition for its leadership in this field. The firm boasts a robust track record, recovering hundreds of millions for its investors. Their experience, handling complex legal matters related to securities fraud, positions them as an advocate demanding accountability from companies that misleadingly represent their operations.

Through rigorous advocacy and competent representation, the firm aims to ensure fair treatment for investors impacted by corporate misconduct. Outlining various legal victories, the Rosen Law Firm established itself as a dominant name in securities class action settlements, ranking highly year-on-year.

Conclusion
Investors in Marqeta, Inc. have a pivotal opportunity to take action by February 7, 2025. Failing to act might result in loss of eligibility for compensation. Therefore, stakeholders are encouraged to contact legal representatives from the Rosen Law Firm without delay. Stay informed and proactive in safeguarding your financial interests while participating in this crucial legal process.

Topics Financial Services & Investing)

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