Deadline Approaches for Class Action Against Marqeta, Inc. (MQ)
Understanding the Class Action Against Marqeta, Inc.
In recent developments, the Gross Law Firm has reached out to shareholders of Marqeta, Inc. (MQ) concerning a significant class action lawsuit. This notice stresses the importance of acting promptly for any stakeholders invested in Marqeta during the specified class period. Shareholders who bought shares between May 7, 2024, and November 4, 2024, are encouraged to become involved in this case.
Eligibility for Participation
Anyone who purchased shares of Marqeta within the class period may be eligible to participate in the lawsuit. It is recommended to register with the Gross Law Firm, as they are facilitating the process for potential lead plaintiffs. Importantly, one does not need to seek lead plaintiff status to benefit from any possible recovery resulting from this lawsuit.
Details of the Allegations
The allegations center around claims that Marqeta issued materially misleading statements during the class period. More specifically, it is alleged that the company failed to disclose regulatory challenges that could impact its business outlook. Furthermore, this oversight allegedly forced Marqeta to cut its earnings guidance for the fourth quarter of 2024, thereby misleading investors throughout this timeframe.
Class Action Deadline Approaches
Shareholders must note the critical deadline of February 7, 2025. This deadline applies to those wishing to file as lead plaintiffs in the action. It is essential that affected shareholders act without delay to secure their place in this class action.
Engagement and Next Steps
Once registered, shareholders will have access to portfolio monitoring services provided by the Gross Law Firm, which will keep them updated throughout the lawsuit. There are no costs or obligations associated with participation in this case, making it an accessible opportunity for investors looking to recover losses.
Why Choose the Gross Law Firm?
The Gross Law Firm stands out as a nationally recognized class action law firm focused on safeguarding the rights of investors. Their commitment lies in addressing instances of fraud and deceit, ensuring companies engage in ethical practices. As they manage this case, their objective remains to recover losses for investors that occurred due to misleading statements or omissions from Marqeta.
Contact Information for Further Assistance
Investors interested in more information or participation can reach out directly to the Gross Law Firm. Here are the contact details:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
Frequently Asked Questions
What is the deadline to join the class action against Marqeta?
The deadline to join the class action is February 7, 2025.
Who should consider joining this class action?
Shareholders who purchased Marqeta shares between May 7, 2024, and November 4, 2024, should consider joining.
Do I need to be a lead plaintiff to participate?
No, you do not need to be a lead plaintiff to receive possible recovery.
What allegations are being made against Marqeta?
The allegations include misleading statements regarding regulatory challenges affecting business outlook.
How can I contact the Gross Law Firm?
You can email at dg@securitiesclasslaw.com or call (646) 453-8903.
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