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Case Page

 

Marqeta, Inc.

Case Summary

Marqeta, Inc. Securities Litigation

Case Summary

Case Status:    ONGOING  
—On or around 07/14/2025 (Date of last review)
Current/Last Presiding Judge:  
Hon. Yvonne Gonzalez Rogers

Filing Date: December 09, 2024

According to the Complaint, Marqeta, Inc. creates digital payment technology. This lawsuit was filed against the Company and two of its Officers.

The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Marqeta understated the regulatory challenges affecting its business outlook; (2) as a result, Marqeta would have to cut its guidance for the fourth quarter of 2024; and (3) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

On March 11, 2025, the Court issued an Order consolidating cases and appointing Lead Plaintiff and Counsel. All future docketing was ordered to be done in the lead case 24-CV-08874.

Lead Plaintiff filed an Amended Complaint on April 10, 2025.

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