Investors Can Join Schall Law Firm in Marqeta, Inc. Class Action Lawsuit
Join the Class Action Against Marqeta, Inc.
In the wake of recent revelations regarding Marqeta, Inc. and its handling of investor communications, the Schall Law Firm has stepped up to remind investors about an important class action lawsuit. This action is specifically targeting alleged securities fraud related to Marqeta's performance during a significant timeframe.
The Schall Law Firm, a nationally recognized player in shareholder rights litigation, has noted that investors who acquired Marqeta shares between August 7, 2024, and November 4, 2024, may be entitled to compensation. This lawsuit raises serious allegations of violations concerning the Securities Exchange Act of 1934, particularly under sections 10(b) and 20(a), and follows Rule 10b-5 set by the U.S. Securities and Exchange Commission.
Why This Lawsuit?
According to the complaint lodged by the Schall Law Firm, Marqeta's management allegedly failed to disclose critical regulatory challenges that posed risks to the company’s business model and overall outlook. As a result, the firm reduced its fourth-quarter guidance for 2024, which sparked a significant reaction from the market. Investors were blindsided by this news, leading to substantial losses.
Marqeta is accused of misleading statements that affected stock prices during the
Topics Financial Services & Investing）
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