The Gross Law Firm Alerts Marqeta Shareholders of Class Action Lawsuit and Important Deadline
On January 9, 2025, The Gross Law Firm announced an important notice for shareholders of Marqeta, Inc. (NASDAQ: MQ). Investors who acquired shares of Marqeta during the specified class period from May 7, 2024, through November 4, 2024, are encouraged to reach out to the firm for possible lead plaintiff appointments. Being appointed as a lead plaintiff is not a prerequisite for participating in any recovery related to this case.
The notification specifically cites allegations that during the class period, the defendants issued false and misleading statements regarding the company's business outlook, particularly concerning regulatory challenges. It was alleged that Marqeta did not adequately disclose issues that could adversely affect its future earnings, resulting in a need to revise its guidance for the fourth quarter of 2024 downward. Consequently, public statements made by the defendants were deemed misleading and substantially inaccurate throughout the relevant time.
As part of the next steps, shareholders who purchased shares during the class period are strongly encouraged to register their information promptly. The firm has planned to enroll these investors in monitoring software, offering updates throughout the case's lifecycle. Even if shareholders do not seek to become lead plaintiffs, they can still take part without incurring fees or obligations.
The registration deadline for seeking lead plaintiff status is February 7, 2025. The Gross Law Firm emphasizes the importance of acting swiftly, urging shareholders not to delay in participating in this class action. They emphasize their commitment to protecting investors' rights, particularly those suffering losses due to corporate deceit or malpractices. The firm aims to uphold responsible business practices and ensure that companies answer for misleading or false statements which can artificially inflate stock prices. During their investigation, they actively pursue recovery for investors who have incurred losses.
The Gross Law Firm, located at 15 West 38th Street, 12th Floor, New York, NY, 10018, can be reached via phone at (646) 453-8903 or through email at [email protected] They remind all potential claimants that this notice serves as an opportunity to recoup losses associated with the alleged misconduct of Marqeta, enabling them to grab hold of the situation and navigate toward recovery.
This situation underscores the importance of shareholder vigilance, especially when navigating the complex landscape of investment and corporate regulations. With deadlines fast approaching, the firm stresses the need for investors to stay informed and involved in this class action process.
As investors continue to weigh their options, the Gross Law Firm reiterates their role not just as legal advocates, but as protectors of investor rights, ensuring shareholders have the necessary information to make informed decisions regarding their investments and potential class action participation.
The notification specifically cites allegations that during the class period, the defendants issued false and misleading statements regarding the company's business outlook, particularly concerning regulatory challenges. It was alleged that Marqeta did not adequately disclose issues that could adversely affect its future earnings, resulting in a need to revise its guidance for the fourth quarter of 2024 downward. Consequently, public statements made by the defendants were deemed misleading and substantially inaccurate throughout the relevant time.
As part of the next steps, shareholders who purchased shares during the class period are strongly encouraged to register their information promptly. The firm has planned to enroll these investors in monitoring software, offering updates throughout the case's lifecycle. Even if shareholders do not seek to become lead plaintiffs, they can still take part without incurring fees or obligations.
The registration deadline for seeking lead plaintiff status is February 7, 2025. The Gross Law Firm emphasizes the importance of acting swiftly, urging shareholders not to delay in participating in this class action. They emphasize their commitment to protecting investors' rights, particularly those suffering losses due to corporate deceit or malpractices. The firm aims to uphold responsible business practices and ensure that companies answer for misleading or false statements which can artificially inflate stock prices. During their investigation, they actively pursue recovery for investors who have incurred losses.
The Gross Law Firm, located at 15 West 38th Street, 12th Floor, New York, NY, 10018, can be reached via phone at (646) 453-8903 or through email at [email protected] They remind all potential claimants that this notice serves as an opportunity to recoup losses associated with the alleged misconduct of Marqeta, enabling them to grab hold of the situation and navigate toward recovery.
This situation underscores the importance of shareholder vigilance, especially when navigating the complex landscape of investment and corporate regulations. With deadlines fast approaching, the firm stresses the need for investors to stay informed and involved in this class action process.
As investors continue to weigh their options, the Gross Law Firm reiterates their role not just as legal advocates, but as protectors of investor rights, ensuring shareholders have the necessary information to make informed decisions regarding their investments and potential class action participation.
Topics Financial Services & Investing）
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