Marqeta Investors: Potential Class Action Suit Unveiled

LOS ANGELES, Jan. 17, 2025 /PRNewswire/ — The Law Offices of Frank R. Cruz have announced an opportunity for investors who suffered losses involving Marqeta, Inc. (“Marqeta” or the “Company”) MQ to take part in a securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO HAS EXPERIENCED A LOSS IN MARQETA, INC. (MQ), CLICK HERE BEFORE FEBRUARY 7, 2025 TO ENGAGE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Lawsuit Overview:
The complaint alleges that between May 7, 2024 and November 4, 2024, the Defendants did not inform investors about crucial issues. Specifically, Marqeta’s investments in compliance and program management were reportedly insufficient to manage the regulatory scrutiny faced by its banking partners. This resulted in extended onboarding delays for new customers. Consequently, the positive statements made by the Defendants about the Company’s operations, business, and outlook were found to be misleading or lacked basis during all relevant times.

How to Learn More or Get Involved:
If you want more details about this lawsuit, or have any questions regarding this announcement, reach out to us directly.
The Law Offices of Frank R. Cruz,
Email: info@frankcruzlaw.com
Phone: 310-914-5007
Website: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you contact us by email, please include your mailing address, phone number, and the number of shares you purchased.

To join the class action, no immediate action is necessary; you can choose to engage a lawyer or remain an absent member of the class.

This press release may be considered Attorney Advertising in some areas, according to applicable laws and ethical guidelines.

Contact Information:

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz,
Phone: 310-914-5007
Email: fcruz@frankcruzlaw.com
Website: www.frankcruzlaw.com

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SOURCE Glancy Prongay & Murray LLP