Philadelphia, Pennsylvania–(Newsfile Corp. – January 12, 2025) – A securities class action lawsuit has been filed against MARQETA, INC. (“ Marqeta (NASDAQ:)” or the “Company”) (NASDAQ: MQ). The lawsuit has been filed on behalf of purchasers of MARQETA securities between May 7, 2024 and November 4, 2024, inclusive (the “Class Period”).
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Investors who purchased or acquired MARQETA securities during the Class Period may, no later than FEBRUARY 7, 2025, seek to be appointed as a lead plaintiff representative of the class.
Headquartered in Oakland, CA, Marqeta operates a cloud-based platform which enables businesses to issue and manage their own payment cards.
According to the lawsuit, throughout the Class Period, Marqeta and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Marqeta understated the regulatory…
