GlobeNewswire
Marqeta, Inc. Investors: Company Investigated by the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Nov. 25, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Marqeta, Inc. (“Marqeta” or “the Company”) (NASDAQ: MQ) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Marqeta investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On November 4, 2024, Marqeta announced third-quarter 2024 financial results that were below expectations, along with weaker guidance for the fourth quarter. The company attributed the revised guidance to several recent developments, including increased scrutiny of the banking sector and changes in specific customer programs.
As a result of this news, Marqeta's stock price dropped by $2.53, or 42.5%, closing at $3.42 per share on November 5, 2024, leading to significant losses for investors.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bars
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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