Key Reminder for Marqeta Investors: Class Action Lawsuit Deadline Approaching Soon

On December 23, 2024, The Gross Law Firm announced an important notification for shareholders of Marqeta, Inc. (NASDAQ: MQ) regarding a pending class action lawsuit. For those who acquired MQ shares during the specified timeframe, this is an urgent call to action.

Background on the Case


The class action alleges that Marqeta issued materially misleading statements during the period from May 7, 2024, to November 4, 2024. The complaints indicate that the company did not adequately communicate the regulatory challenges it faced, which significantly impacted its future business outlook. As a direct consequence, Marqeta had to reduce its projections for the fourth quarter of 2024. These failures to disclose critical information led to the company's public statements being deemed false and misleading throughout the relevant period.

Deadline Alert


Investors are reminded that the deadline to register as a lead plaintiff in this class action is February 7, 2025. While it is not a requirement to register as a lead plaintiff to seek recovery, those interested should take swift action to ensure their rights are protected.

Steps for Shareholders


Marqeta shareholders who bought shares within the outlined timeframe are urged to register for the lawsuit. By doing so, shareholders will receive portfolio monitoring services that provide continuous updates regarding the status of the case. Importantly, participation in this case incurs no fees or obligations to the investor.

Why Choose The Gross Law Firm?


The Gross Law Firm is a nationally recognized class action litigation firm focused on safeguarding the rights of investors who suffer losses due to fraud, deceit, or illegal practices. Their mission is to hold corporations accountable for responsible business practices and corporate citizenship. The firm is dedicated to recovering damages for investors who might have encountered financial losses due to misleading public announcements or omissions from the company.

Contact Information


For more detailed information or to register, shareholders can reach The Gross Law Firm directly through their website. Their New York office can also be contacted via email or phone.

Conclusion


As the deadline draws near, it remains crucial for Marqeta investors to act without delay. Collective action through this class action lawsuit could be a vital step towards seeking justice for stakeholders affected by potential misleading conduct of the company. The Gross Law Firm stands ready to guide investors through this process, ensuring that no shareholder is left behind.

Note:

This article serves as a public announcement and should not be considered legal advice. Potential participants should conduct their independent research or consult with legal professionals regarding their specific situations.

Topics Financial Services & Investing)

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