LOS ANGELES,
Feb. 28, 2025
/PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, is reminding investors about a class action lawsuit against Cardlytics, Inc. (“Cardlytics” or “the Company”)
CDLX for violating §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule
10b-5 set forth by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities from March 14, 2024 to August 7, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before March 25, 2025.

Shareholders who have suffered a loss are invited to participate in the case.

You can reach Brian Schall of the Schall Law Firm at 2049 Century Park East, Suite 2460,
Los Angeles, CA 90067, by phone at 310-301-3335. Additional information is available on the firm’s website at
www.schallfirm.com, or via email at [email protected].

The class action has not yet been certified, meaning affected investors are not currently represented by an attorney. If no action is taken, investors remain absent class members.

According to the Complaint, Cardlytics made false and misleading statements that impacted the market. While the company saw an increase in consumer incentives due to heightened engagement, it did not match increased billings accordingly. This imbalance posed a risk of slowing revenue growth. Furthermore, the Company’s revised Ads Decision Engine resulted in “under-delivery” of budgets and billing estimates. These factors led to the Company’s public statements being deemed false and materially misleading during the class period. Once the truth about the Company became known, investors faced significant losses.

Join the case to seek recovery for your losses.

The Schall Law Firm represents investors globally and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in certain jurisdictions as mandated by local laws and ethics rules.

CONTACT:

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

[email protected]

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SOURCE: The Schall Law Firm