Attention Cardlytics Shareholders
As the deadline quickly approaches, The Gross Law Firm is encouraging shareholders of Cardlytics, Inc. (NASDAQ: CDLX) to take action. If you purchased shares during the class period from March 14, 2024, to August 7, 2024, you are eligible to participate in a vital class action lawsuit. This initiative not only seeks justice for investors but also aims to hold the company accountable for any wrongdoing.
What’s the Issue?
The allegations against Cardlytics highlight a troubling pattern of behavior. The complaint claims that during the designated time frame, the company issued misleading statements and failed to disclose crucial information. Specifically, it is alleged that:
1. Growing consumer engagement brought about increased consumer incentives.
2. The company could not sufficiently raise its billings in line with this spike in engagement.
3. Consequently, there was a notable risk of slowing or declining revenue growth.
4. Changes made to the Ads Decision Engine, while aimed at boosting engagement, led to under-delivery in budgets and billing estimates for customers.
5. As a result, the positive statements made regarding the business's operations and future were misrepresented.
These allegations paint a concerning picture about Cardlytics' actual performance versus what was communicated to their shareholders. As investors, you deserve transparency and honesty about the viability of your investments.
Important Details
The time to act is now! The registration deadline for joining the class action suit is
March 25, 2025. Those who register will have access to portfolio monitoring software to keep them updated about the case's developments. Furthermore, you can enter the fray without any financial obligation.
Notably, your appointment as a lead plaintiff is not a prerequisite to secure your recovery in this class action. The Gross Law Firm is dedicated to fighting for investors' rights and ensuring equitable recovery for any losses suffered due to corporate malfeasance.
If you have already purchased shares of Cardlytics within the specified period, don’t delay further. Register through the following link:
Class Action Registration.
Why Choose The Gross Law Firm?
The Gross Law Firm is well-respected within the legal community for its commitment to defending the rights of investors across various sectors. The firm's mission is to protect shareholders from deceitful practices, fraud, and unlawful business operations. They are committed to holding corporations accountable and ensuring they practice responsible business. Their expertise will be invaluable in navigating the intricacies of this class action.
Conclusion
For shareholders of Cardlytics, being informed and proactive is key as we near the class action lawsuit deadline. This case is not just about seeking justice for past grievances but also about setting a standard for future corporate accountability. Make sure you’re registered and take a stand as part of this collective action. The deadline is just around the corner, so don’t miss your opportunity to seek recovery and assert your rights as an investor.
For further inquiries, feel free to reach out to The Gross Law Firm at:
- - Email: [email protected]
- - Phone: (646) 453-8903
- - Address: 15 West 38th Street, 12th floor, New York, NY, 10018