Important Update for Marqeta, Inc. Investors as Deadline Approaches
Crucial Information for Marqeta, Inc. Investors
Marqeta, Inc. (NASDAQ: MQ) is currently at a pivotal moment for its shareholders. With an upcoming deadline for a securities fraud class action lawsuit, it’s essential for investors to understand their rights and options.
Understanding Your Rights as an Investor
Do you hold shares of Marqeta, Inc.? If your investment activity falls within the timeframe of May 7, 2024, to November 4, 2024, then you may have experienced significant financial impact recently. This situation calls for critical examination and awareness.
Filing for Class Action
The law firm Bernstein Liebhard LLP is reminding investors of their potential involvement in a class action lawsuit. If you believe that you have been affected by misrepresentations made by Marqeta regarding its business outlook, it’s crucial to reach out for legal guidance.
The Securities Fraud Allegations
The suit alleges that Marqeta and certain of its senior officers violated the Securities Exchange Act of 1934. Claims arise from the assertion that the company misrepresented its regulatory challenges affecting business operations and investor perceptions.
What Steps Can You Take?
If you purchased Marqeta securities within the specified period and have concerns regarding your investments, you should consider filing legal documentation by the deadline set for February 7, 2024. Even if you choose not to actively participate as a lead plaintiff, it’s important to stay informed.
Engaging with Bernstein Liebhard LLP
Bernstein Liebhard LLP has built a strong reputation, recovering over $3.5 billion for clients since its establishment in 1993. The firm represents not only individual investors but also large public and private pension funds, advocating for their interests.
Contact Information
If you have questions or need assistance, you can reach out to Investor Relations Manager Peter Allocco at (212) 951-2030, or send an email for more information on how to proceed.
Frequently Asked Questions
What is the nature of the class action against Marqeta?
The class action focuses on allegations of securities fraud, specifically regarding misrepresentation of regulatory challenges and their impacts on the company.
How do I know if I qualify to join the class action?
If you bought shares of Marqeta between May 7, 2024, and November 4, 2024, you may qualify to be part of the class action.
What is the deadline to file for the class action?
The deadline to file papers to serve as lead plaintiff is February 7, 2024.
What does it cost to participate in this lawsuit?
All representation is provided on a contingency fee basis, meaning shareholders incur no fees unless there is a recovery.
Who can I contact for more information?
You can contact Peter Allocco at (212) 951-2030, or you may email him for additional guidance regarding your options as a shareholder.
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