Visa Shareholder Notice: Class Action Lawsuit Deadline Approaching for Investors with Heavy Losses

Reminder to Investors

Kahn Swick & Foti, LLC (KSF), led by former Louisiana Attorney General Charles C. Foti, Jr., has issued an important notice for investors who incurred losses exceeding $100,000 from their investments in Visa Inc. (NYSE: V) during the class period of November 16, 2023, to September 23, 2024. The deadline to apply as a lead plaintiff in the ongoing class action lawsuit is approaching on January 20, 2025.

Background of the Lawsuit

The lawsuit, which is currently in progress in the United States District Court for the Northern District of California, addresses the alleged failure of Visa and its executives to disclose crucial information to investors. The company faces serious allegations, including a suit filed by the United States Department of Justice, which claims four violations of the Sherman Antitrust Act. According to the suit, Visa has leveraged its monopoly in the payment processing market to stifle competition and coerce merchants into exclusively using its services, ultimately harming both consumers and the market.

These allegations came to light on September 24, 2024, resulting in a significant drop in Visa's stock price by $1.48, or 5.38%, finishing the day at $26.03, attributed to unusual trading volume following this news.

Filing for Lead Plaintiff

Investors who believe they are eligible to file for lead plaintiff may contact KSF's Managing Partner Lewis Kahn at 1-877-515-1850 or via email. There is no obligation or cost associated with this inquiry. More information about the case is also available on the KSF website, which will guide potential plaintiffs through the necessary steps to submit their applications before the deadline.

About Kahn Swick & Foti, LLC

Established as one of the premier boutique securities litigation law firms in the United States, KSF specializes in representing institutional investors, hedge funds, and individual investors seeking recourse for financial losses due to fraudulent activities or misconduct by publicly traded companies. With offices located across major cities including New York, California, and Louisiana, KSF is well-equipped to handle complex securities cases while maintaining a personalized approach to client relations.

KSF, along with its team of experienced lawyers, is dedicated to advocating for the rights of investors and ensuring that they receive the justice they deserve.

If you hold securities of Visa and wish to understand how these developments might affect your rights to recover investment losses, you must take action before the deadline. Don't miss the opportunity to make your voice heard in this critical class action lawsuit.