Class Action Alert: Marqeta Investors Urged to Join Suit Over Securities Violations

LOS ANGELES, Jan. 23, 2025 /PRNewswire/ — The Schall Law Firm, a national legal firm specializing in shareholder rights litigation, has issued a reminder for investors regarding a class action lawsuit against Marqeta, Inc. (“Marqeta” or “the Company”) MQ. The lawsuit claims violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, as defined by the U.S. Securities and Exchange Commission.

Investors who acquired the Company’s securities between August 7, 2024, and November 4, 2024, are encouraged to reach out to the firm by February 7, 2025.

Shareholders who believe they have incurred losses may participate in the lawsuit. Click here for more information.

You can also contact Brian Schall of the Schall Law Firm at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067. Call 310-301-3335 for a free discussion about your rights. Alternatively, visit www.schallfirm.com or email at bschall@schallfirm.com.

The class has yet to be certified. Until then, you are not represented by an attorney if you do not take action, and may remain an absent class member.

The Complaint alleges that Marqeta provided false and misleading information to investors. Specifically, it failed to disclose regulatory issues that jeopardized its future prospects, leading to a downgrade in its fourth-quarter 2024 guidance. As a result, Marqeta’s public statements were deemed materially misleading throughout the class period, causing investors to suffer losses when the truth emerged.

Join the case to pursue recovery for your losses.

The Schall Law Firm serves investors worldwide, focusing on securities class action lawsuits and protecting shareholder rights.

This press release may be categorized as Attorney Advertising in various jurisdictions, according to relevant legal norms and ethical rules.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

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SOURCE The Schall Law Firm