RADNOR, PA — January 12, 2025 (NEWMEDIAWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) advises investors that securities class action lawsuits have been filed in the United States District Court for the Northern District. California Vs Margaret (NASDAQ:), Inc. (Marqeta) (NASDAQ: MQ ) on behalf of those who purchased or otherwise acquired securities of Marqeta between May 7, 2024 and November 4, 2024, inclusive (Class Period). The lead plaintiff's deadline is February 7, 2025.
CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you have suffered Marqeta losses, you can CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/marqeta-inc?utm_source=PR&utm_medium=link&utm_campaign=mg&mktm=r
You may also contact Attorney Jonathan Naji, Esq. by phone at (484) 270-1453 or by email at info@ktmc.com.
THE DEFENDANTS DIRECTED MISCONDUCT HERE:
The Complaints allege that the Defendants made materially false and/or misleading statements during the Class Period and also failed to disclose material adverse facts about the Company's business, operations and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Marqeta underestimated the regulatory challenges affecting its business prospects; (2) as a result, Marqeta would have to lower its outlook for the fourth quarter of 2024; and (3) as a result, the defendants' statements about the company's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
LITIGATION PROCESS:
Marqeta Investors may, no later than February 7, 2025, request to be appointed as the lead plaintiff class representative through Kessler Topaz Meltzer & Check, LLP or other legal counsel, or they may choose to do nothing and remain an absent class member. The lead plaintiff is the representative party that acts on behalf of all class members in the litigation. The lead plaintiff is usually the investor or a small group of investors who have the greatest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class, and those attorneys, if approved by the court, are lead or class counsel. Your ability to participate in any enforcement is unaffected by the decision whether or not to serve as lead plaintiff.
Kessler Topaz Meltzer & Check, LLP advises Marqeta investors who have suffered significant losses to contact the firm directly for additional information.
CLICK HERE TO SUBSCRIBE TO A CASE OR GO TO: https://www.ktmc.com/new-cases/marqeta-inc?utm_source=PR&utm_medium=link&utm_campaign=mg&mktm=r
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts across the country and around the world. The firm has built a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP, visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
info@ktmc.com
In some jurisdictions it may be considered an advertisement for a solicitor. Past results do not guarantee future results.
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