Attention Cardlytics, Inc. Shareholders
Shareholders of Cardlytics, Inc. (NASDAQ: CDLX) are advised to reach out to The Gross Law Firm as soon as possible to discuss their rights related to a class-action lawsuit. This notice serves to inform investors that the deadline for consultation is
March 25, 2025.
Who Should Connect?
Any individuals who purchased shares of Cardlytics, Inc. during the specified class period of
March 14, 2024, to
August 7, 2024, are encouraged to engage with the law firm. Even if you do not want to seek lead plaintiff status, it is vital to act before the deadline for full participation in this case.
Allegations at a Glance
The complaint against Cardlytics outlines several key allegations:
1. The company is accused of issuing misleading statements that obscured real issues affecting consumer engagement.
2. There was a failure to disclose significant issues related to billing and revenue growth, which may have an adverse impact on shareholders.
3. Notably, changes made to the Ads Decision Engine, which were intended to boost engagement, might have inadvertently reduced expected revenues due to inaccurate spending forecasts.
4. As a result, previous optimistic statements by the company may have been extremely misleading.
As a shareholder, it is crucial to stay informed about these developments. It’s essential to monitor how these issues could potentially affect your investments.
What Are Your Next Steps?
If you fall within the ownership period noted, you should register your information with The Gross Law Firm immediately. This step ensures you will receive updates about the status of the class action. Additionally, registration allows you to enroll in a portfolio monitoring system designed to keep you informed throughout the case's lifecycle.
Remember, participating in this case comes at no cost to you, and you are not obligated to take any action beyond registration.
Why Choose The Gross Law Firm?
The Gross Law Firm stands out as a notable national leader in class action lawsuits. Their commitment is clear: protecting the rights of investors who have suffered due to deceit or fraudulent business practices. Their dedicated team seeks to hold companies accountable for any misleading actions that might inflate stock prices unfairly, creating risks for investors. Previous successes have positioned The Gross Law Firm as a reliable choice for tackling complex financial cases.
Contact Information
For inquiries, reach out to:
- - Address: The Gross Law Firm, 15 West 38th Street, 12th Floor, New York, NY 10018
- - Email: info@grosslawfirm.com
- - Phone: (646) 453-8903
Conclusion
Shareholders of Cardlytics, Inc. must act quickly. The deadline to participate in this class action is approaching, and staying informed is your best defense. It is prudent to contact The Gross Law Firm for guidance and support in navigating this challenging situation.