In a significant legal update, investors in Visa Inc. (NYSE: V) are reminded that a class action lawsuit is currently underway. The firm Levi & Korsinsky, LLP has issued a notification alerting shareholders of a crucial lead plaintiff deadline set for January 21, 2025. This news is vital for those who may have suffered financial losses due to alleged securities fraud involving Visa during the period between November 16, 2023, and September 23, 2024.
What is the Lawsuit About?
The complaint filed against Visa Inc. claims that the company made several misleading statements regarding its compliance with federal antitrust laws. The lawsuit alleges that Visa failed to maintain adequate internal programs and policies to assess and control compliance with these laws. This negligence reportedly led to false public statements, misleading shareholders and contributing to their financial losses when the truth about the company’s compliance came to light.
As a Visa investor, understanding the details of this lawsuit is crucial. The timeline suggests significant implications for shareholders who may be looking to recover losses incurred during the specified period. If you believe you fit the criteria of the affected shareholders, it is essential to act promptly, as the window to join the action is closing.
Next Steps for Investors
Investors who suffered losses related to Visa Inc. are encouraged to take immediate action. If you desire to be appointed as the lead plaintiff in this class action, you must submit your request to the court before the deadline of January 21, 2025. It’s important to note that even if you do not wish to serve as a lead plaintiff, you still have options for potential compensation through this lawsuit.
One significant advantage for class members is that you may be eligible to receive compensation without any out-of-pocket expenses. There is no obligation or cost to participate in this lawsuit, allowing more investors to seek justice without financial strain.
Why Choose Levi & Korsinsky?
Levi & Korsinsky has a storied history in securities litigation, having successfully recovered hundreds of millions of dollars for aggrieved shareholders over the past 20 years. With a dedicated team of over 70 professionals, the firm has earned recognition for its prowess in navigating complex securities cases. It has consistently ranked among the top securities litigation firms in the United States, illustrating its effectiveness and dedication to clients.
Contact Information
If you're a shareholder of Visa Inc. and wish to learn more about your rights, or if you are interested in participating in this lawsuit, reach out to Levi & Korsinsky directly. You can contact Joseph E. Levi, Esq., via email or telephone:
- - Email: [email protected]
- - Phone: (212) 363-7500
In summary, as a Visa investor, staying informed and participating in legal actions when necessary can prove to be imperative for safeguarding and possibly recovering your investments. The class action lawsuit against Visa Inc. represents an opportunity for shareholders who faced financial repercussions due to alleged deception by the company. Don't miss the crucial deadline of January 21, 2025, to secure your chance for potential recovery.