Investors Urged to Join Class Action Suit Against Visa Inc. for Securities Fraud

Investors Have Opportunity to Lead Visa Inc. Securities Fraud Lawsuit



In a significant development for investors, the Schall Law Firm has brought to light a class action lawsuit against Visa Inc. The legal action cites violations of the Securities Exchange Act of 1934, specifically referencing §§10(b) and 20(a), as well as the SEC's Rule 10b-5. Investors who acquired securities of Visa during the stipulated class period, spanning from November 16, 2023, to September 23, 2024, are particularly encouraged to get involved.

The Schall Law Firm, known for its commitment to shareholder rights, has been proactive in informing potential class members about the opportunity to participate in this lawsuit before the deadline on January 21, 2025. Investors who have suffered losses in their Visa investments are urged to reach out to the firm for further guidance. Contact details, including a direct line to Brian Schall, are readily available, ensuring that shareholders can seek legal insights without any cost.

Grounds for the Lawsuit


The core of the complaint revolves around allegations that Visa made false and misleading statements regarding its compliance with federal antitrust laws. These violations indicate a failure to implement proper internal controls and policies, which left the company vulnerable to legal scrutiny. Such deficiencies not only affect Visa's operational integrity but have substantial financial implications for its investors.

As outlined in the complaint, Visa's public communications during the class period have been under scrutiny, and the firm contends that the revelations about the company's practices have led to substantial damages for investors. When the truth surrounding Visa's compliance with antitrust regulations finally came to light, it triggered a loss of capital for many who had previously trusted the company’s assurances.

Steps for Investors


For those who meet the criteria of having purchased Visa securities during the defined period, joining the lawsuit can serve as a means of potentially recovering their financial losses. The Schall Law Firm is actively advocating for these investors, emphasizing that a collective legal approach can significantly enhance chances for a favorable outcome.

Why Join the Class Action?


Participating in a class action lawsuit helps streamline the process of seeking justice. Rather than engaging in costly individual litigation, investors can band together and address mutual grievances against corporate misconduct. The Schall Law Firm specializes in securities class action lawsuits, making them a strategic ally for aggrieved shareholders.

While the class in this case has not yet been certified, those interested in joining are encouraged to act promptly. Should investors decide to remain uninvolved, they may face the risk of losing out on any potential recovery as absent class members.

Contact Information


The Schall Law Firm is dedicated to supporting investors in their quest for justice. Interested members of the class can connect with the firm through various channels, including a dedicated website and direct email communication. 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, is the firm's physical address, with an office line available for direct inquiries.

In summary, those who invested in Visa during the specified period should closely consider this opportunity to engage in the class action against Visa Inc. The implications of legal redress could be significant as the case unfolds, especially given the serious nature of the allegations posed against the company. Now is the time for involved shareholders to bring their claims to light and potentially reclaim their losses.

Topics Financial Services & Investing)

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