MARQETA SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Marqeta, Inc. - MQ

NEW ORLEANS, Dec. 13, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until February 7, 2025 to file lead plaintiff applications in a securities class action lawsuit against Marqeta, Inc. (NasdaqGS: MQ), if they purchased the Company's securities between August 7, 2024 and November 4, 2024, inclusive (the "Class Period").  This action is pending in the United States District Court for the Northern District of California.

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Marqeta investors should visit us at https://claimsfiler.com/cases/nasdaq-mq/ or call toll-free (844) 367-9658.  Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

Marqeta and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.  The alleged false and misleading statements and omissions include, but are not limited to, that: (1) the Company understated the regulatory challenges affecting its business outlook; (2) the Company would have to cut its guidance for the fourth quarter of 2024; and (3) as a result, defendants' statements were materially false and misleading and/or lacked a reasonable basis at all relevant times.

The case is Wai v. Marqeta, Inc., et al., No. 24-cv-08874.

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ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

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SOURCE ClaimsFiler