Marqeta, Inc. Encourages Shareholders to Act Ahead of Deadline
Marqeta, Inc. Update for Shareholders
Marqeta, Inc. is currently navigating a pivotal moment for its shareholders. A class action lawsuit has been filed in relation to certain misrepresentations tied to the company's business that could impact investor positions significantly. If you have been involved with Marqeta during this time, it's essential to understand your rights and options.
Understanding Your Rights as an Investor
If you owned shares of Marqeta, Inc. (NASDAQ: MQ), you may be eligible to take action due to the legal considerations currently affecting the company. The law firm, Bernstein Liebhard LLP, is urging shareholders who purchased or acquired Marqeta's securities to understand the details regarding an important upcoming deadline. This is critical, particularly for those who bought shares between specified dates.
Details of the Class Action Lawsuit
The class action lawsuit alleges that Marqeta engaged in deceptive practices regarding regulatory challenges that may have affected their overall business outlook. If your purchase of shares occurred between May 7, 2024, and November 4, 2024, you could be part of this legal conversation.
Deadline for Action
For anyone wishing to take the lead in this class action lawsuit, you must file necessary documentation by a specified deadline. It’s important to note that even if you opt not to take action, you still have rights as a class member. The requirements for being a lead plaintiff can sometimes vary, and thus engaging with legal counsel can be beneficial.
The Role of Bernstein Liebhard LLP
Bernstein Liebhard LLP has built a reputable legacy of representing investors' rights since 1993, having successfully recovered over $3.5 billion on behalf of their clients. Their commitment extends to both individual investors and large pension funds, further showcasing their expertise in the realm of securities litigation.
Investor Support and Resources
Investors interested in discussing their legal rights are encouraged to reach out to the firm. Direct contact with Investor Relations Manager, Peter Allocco, can facilitate discussions and provide clarity on the legal options available to shareholders.
Contact Information for Support
For investors looking to understand their rights, you can reach out to Peter Allocco at (212) 951-2030 or via email. Bernstein Liebhard LLP prioritizes the needs of investors, ensuring all representation is on a contingency fee basis, meaning no upfront fees or costs are imposed on shareholders.
Frequently Asked Questions
What is the lawsuit against Marqeta, Inc. about?
The lawsuit involves allegations of misrepresentation concerning regulatory challenges affecting Marqeta's business outlook.
Who is eligible to be a lead plaintiff?
Investors who purchased shares within the specified dates can file to be a lead plaintiff, which requires documentation to be submitted by the set deadline.
How can investors learn about their rights?
Investors can contact Bernstein Liebhard LLP for detailed legal guidance and support regarding their rights and options in this situation.
What does a contingency fee basis mean?
A contingency fee basis implies that investors do not pay any legal fees unless the lawsuit results in a monetary recovery.
How long has Bernstein Liebhard LLP been operational?
Bernstein Liebhard LLP has been serving investor rights since 1993 and has a record of recovering significant amounts for its clients.
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