Levi & Korsinsky Urges Marqeta Investors to Act Before February 2025 Deadline on Class Action Lawsuit

Important Notice for Marqeta Investors



Levi & Korsinsky, LLP has reached out to investors of Marqeta, Inc., a notable player in the financial technology sector, to inform them of a significant opportunity to join a class action securities lawsuit. The timeline for investors to take action is quickly approaching, with a deadline set for February 7, 2025. This notification is crucial for stakeholders who might be eligible for potential compensation due to adverse effects suffered during the alleged period of securities fraud.

Background of the Case



The foundation of this lawsuit stems from events that occurred between May 7, 2024, and November 4, 2024. Allegations against Marqeta claim that the company misrepresented its regulatory challenges, leading to an inflated business outlook. As a result of these misstatements, Marqeta was compelled to slash its revenue guidance for the fourth quarter of 2024, creating significant losses for its investors.

Investors who sustained losses based on the alleged discrepancies in Marqeta’s disclosures are strongly encouraged to consider participating in this class action. Those who opt in will potentially recover losses incurred during the relevant timeframe.

How to Participate



Participation in the class action does not necessitate serving as a lead plaintiff; however, investors are encouraged to submit their claims before the specified deadline. Interested parties can reach out to Joseph E. Levi, Esq., through email or telephone for both guidance and information about the process. There are no out-of-pocket fees for affected investors to join the lawsuit, as participation is aimed at securing compensation for losses incurred from the alleged securities fraud.

The Expertise of Levi & Korsinsky



Levi & Korsinsky has established itself as a leader in securities litigation, having secured hundreds of millions of dollars for shareholders over the past two decades. The firm’s track record in handling major and complex cases has earned it recognition—ranking among the top securities litigation firms in the United States for seven consecutive years, according to ISS Securities Class Action Services' Top 50 Report.

With a dedicated team focused on investors' rights, Levi & Korsinsky ensures that affected parties can receive proper representation and support throughout this legal process. Their attorneys are available to assist clients and answer any queries regarding the lawsuit, providing a much-needed resource during such a turbulent time for investors.

Final Thoughts



For Marqeta investors who have been negatively impacted by the company’s alleged violations, the time to act is now. The impending deadline serves as a critical reminder to assess one's investment in Marqeta and to consider the potential benefits of joining the class action. The opportunity could potentially lead to compensation for losses suffered and help restore some measure of financial loss for affected investors.

For more precise details, refer to the official contact at Levi & Korsinsky to initiate your claim and ensure you do not miss out on this vital opportunity to fight for your rights as an investor.

Topics Financial Services & Investing)

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