Investors Get Chance to Take the Lead in Visa Inc. Fraud Lawsuit Filed by The Rosen Law Firm

Investors Prepare for Visa Inc. Securities Fraud Lawsuit

The Rosen Law Firm, renowned for its investor rights advocacy, has announced an urgent reminder for individuals who purchased Visa Inc. securities between November 16, 2023, and September 23, 2024. The firm is reaching out to inform these investors about a significant opportunity related to a securities class action lawsuit already filed on their behalf. The deadline for potential lead plaintiffs to step forward and make their case in court is set for January 21, 2025.

Important Information for Investors

Those who acquired Visa securities during the designated period might be eligible for compensation at no upfront cost, facilitated through a contingency fee arrangement. This means that investors can seek justice without worrying about immediate legal fees. If you wish to join the class action, you can do so by visiting Rosen Law Firm's website or by contacting their representative, Phillip Kim, Esq., toll-free at 866-767-3653. Additionally, inquiries can be made via email at [email protected].

The class action lawsuit itself hinges on claims that during the class period, the defendants made materially false statements or failed to disclose crucial information about Visa's compliance with antitrust laws. According to the filed lawsuit, Visa's internal controls and policies regarding these compliance matters were insufficient, leading to misleading public statements. When the full truth regarding Visa's practices was revealed, affected investors reportedly experienced significant financial losses.

The Rosen Law Firm: A Trusted Ally

The Rosen Law Firm emphasizes the importance of choosing qualified legal counsel with a proven record of successful outcomes in similar cases. Many firms that may send initial notifications lack the depth of experience necessary to effectively represent clients in securities law matters. Some of these firms simply act as intermediaries, referring clients to attorneys who handle the litigation without sufficient engagement in the case themselves.

Rosen Law Firm stands out with a robust track record in securities class actions and shareholder derivative litigation. The firm has achieved notable success, including the largest-ever settlement of a securities class action involving a Chinese company at the time and consistently ranks among the top firms in terms of class action settlements.

Case Details and Next Steps

As per the lawsuit, Visa Inc. had misrepresented its commitment to complying with federal antitrust laws, failing to maintain effective internal compliance programs. This series of misleading communications contributed to investor damages when the truth about Visa's practices was finally disclosed to the public.

If you believe you qualify to be part of this action, it is essential to act swiftly. Remember, no class has been officially certified at this point; thus, individuals are not represented legally unless they retain their counsel. Investors can choose to remain passive class members or actively pursue participation.

Stay informed about developments related to the lawsuit by following The Rosen Law Firm on LinkedIn, Twitter, or Facebook.

Conclusion

Investors who believe they may have been impacted by the circumstances surrounding Visa's alleged misstatements should not hesitate to reach out to The Rosen Law Firm. This may be a crucial opportunity for financial recovery, ensuring that shareholders can assert their rights and seek the compensation they deserve.