Marqeta Investors Encouraged to Join Class Action Lawsuit Over Alleged Fraud

LOS ANGELES, Jan. 21, 2025 /PRNewswire/ — The Law Offices of Frank R. Cruz have announced that investors who experienced losses related to Marqeta, Inc. (“Marqeta” or the “Company”) MQ now have the opportunity to participate in a class action lawsuit stemming from securities fraud.

CALL TO ACTION FOR MARQETA INVESTORS: 
If you are an investor who suffered a loss in Marqeta, Inc. (MQ), please CLICK HERE BEFORE FEBRUARY 7, 2025 (THE DEADLINE TO LEAD PLAINTIFF STATUS) to join the ongoing securities fraud lawsuit.

Details of the Allegations:
The filed complaint claims that, from May 7, 2024 to November 4, 2024, Marqeta’s leadership failed to inform investors that: (1) the Company’s investment in compliance and program management was insufficient to handle regulatory scrutiny faced by its banking partners, which resulted in extended delays for onboarding new customers; and (2) positive statements made by the leadership regarding Marqeta’s business, operations, and outlook were misleading or without a reasonable foundation during this time.

Get in Touch for More Information: 
To learn more about this legal action or to ask any questions regarding your rights or interests, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us on Twitter for updates: twitter.com/FRC_LAW.

If you reach out via email, please include your mailing address, phone number, and the number of shares you purchased.

To become part of the class action, no immediate action is required; you may choose your own attorney or remain uninvolved if preferred.

This press release may constitute Attorney Advertising in certain jurisdictions under applicable law and ethical standards.

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SOURCE The Law Offices of Frank R. Cruz, Los Angeles