#United States #New York #Class Action #Securities #Marqeta

Important Notice for Marqeta Investors

Levi & Korsinsky, LLP, a prominent law firm, has recently issued a call to action for investors in Marqeta, Inc. (NASDAQ: MQ), announcing a class action securities lawsuit. This lawsuit may have significant implications for individuals who invested in Marqeta during a specified period.

The class action is focused on events that transpired between May 7, 2024, and November 4, 2024. The allegations detail that Marqeta potentially misrepresented facts about its financial health, particularly concerning regulatory challenges that were reportedly downplayed in public statements. According to the complaint, these misrepresentations led to a decline in stock performance when the reality of the company's situation became known, prompting a revised, lower guidance for the fourth quarter of 2024.

Key Details of the Class Action

If you are an investor who experienced losses related to Marqeta during this relevant timeframe, you are encouraged to take steps to participate in the class action by the deadline of February 7, 2025. Notably, you do not need to serve as the lead plaintiff to share in any potential recovery resulting from the lawsuit, making it more accessible for individual investors.

The filing asserts that the defendants made statements that were materially misleading and failed to disclose essential information about the company’s operational risks. This level of alleged securities fraud is particularly concerning for investors who trusted in the communicated outlook of Marqeta, only to face unexpected financial downturns.

How to Participate

Interested investors can find more information through a dedicated link provided by Levi & Korsinsky here. Additionally, you can contact Joseph E. Levi, Esq. via email at jlevi@zlk.com or call (212) 363-7500 for personalized assistance regarding your participation in the lawsuit.

No Financial Risk in Participating

One of the key aspects of this class action is that participants will not incur any out-of-pocket expenses to join the lawsuit unless they choose to pursue a more active role, such as serving as a lead plaintiff. This encourages wider participation without financial hesitations, allowing more affected investors to seek justice for their losses.

Why Choose Levi & Korsinsky?

With over two decades of experience, Levi & Korsinsky has developed a robust reputation for effectively advocating for shareholders in various litigation contexts. The firm has a proven track record of securing substantial recoveries for its clients, representing their interests in complex securities-related cases. With more than 70 dedicated professionals on their team, they are well-equipped to handle high-stakes situations. Year after year, their commitment to shareholder rights is evidenced by consistent rankings in top tiers of litigation firms in the United States, according to ISS Securities Class Action Services.

For Marqeta investors facing uncertainties, this is a crucial moment to regain potential losses and hold accountable those responsible for the alleged misinformation. Completing your submission before the February 7, 2025, deadline could be a vital step toward retaining your rights as an investor.