Investors Can Step Up to Lead Marqeta Inc. Securities Fraud Case

The Rosen Law Firm, a respected global advocate for investor rights, is reaching out to those who purchased securities of Marqeta, Inc. (NASDAQ: MQ) from May 7, 2024, to November 4, 2024. This period is particularly significant as it marks the class action lawsuit over potential securities fraud against the company. Investors in this group are urged to take immediate action before the important deadline of February 7, 2025, to be appointed as lead plaintiff in the case.

Background of the Case


According to the lawsuit, Marqeta has allegedly made misleading statements regarding its business outlook, failing to disclose challenges that would later affect its performance. Investors were reportedly misled about the company’s growth and future earnings, which were later adjusted downward due to unforeseen regulatory issues. These developments have caused significant financial losses, leading to the current class action.

Importance of Acting Now


For those affected, there's a unique opportunity to seek justice without incurring any out-of-pocket expenses. The Rosen Law Firm operates on a contingency fee basis, meaning that investors can pursue this legal avenue without financial risk. Investors interested in participating in this class action are encouraged to contact the firm directly through their website or by phone. This is a vital opportunity to represent not just individual interests but to take part in a collective legal solution.

Selecting the Right Legal Representation


Rosen Law Firm emphasizes the importance of choosing a qualified attorney with a proven track record in securities class actions. Many firms that advertise such opportunities may lack the necessary experience or resources to navigate these complex legal waters effectively. The Rosen Law Firm itself is known for achieving significant settlements, being ranked first in the number of securities class action settlements—a testament to their expertise and success in this field.

In 2019, they secured over $438 million for investors, showcasing their ability to deliver results. Their founding partner has been recognized as a leading figure in plaintiff’s law, illustrating their team’s dedication and capability.

Moving Forward


Investors wishing to participate need to act swiftly, as the court requires that motions to serve as lead plaintiff be submitted by the February deadline. Those who do not act will remain absent class members. It is advisable for investors to keep informed about further developments via the Rosen Law Firm's social media channels or website.

If you have experienced losses as a result of the alleged misrepresentation by Marqeta, now is the time to step forward. Join your fellow investors in seeking clarity and potential compensation. For more information or to join the class action, visit Rosen Law Firm’s submission page.

This class action is not just a legal proceeding; it represents a pivotal moment for investors who feel they have been misled. Taking part in this process signifies the collective desire for accountability and transparency in the securities market.

Topics Financial Services & Investing)

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