Faruqi & Faruqi, LLP Investigates Claims for Visa Investors: Deadline Reminder
If you’re an investor who experienced losses over $100,000 in Visa between November 16, 2023, and September 23, 2024, you may be interested in seeking legal recourse. Faruqi & Faruqi, a respected national securities law firm, is currently looking into potential claims against Visa Inc. (NYSE: V). They are reminding investors about the upcoming deadline of January 21, 2025, to apply for the lead plaintiff position in a federal securities class action filed against Visa.
The investigation centers around allegations that Visa and its executives violated federal securities laws by not complying with antitrust laws, lacking effective internal programs to handle antitrust compliance, and making false or misleading public statements. When this information became public, investors are claimed to have suffered losses.
On September 24, 2024, the United States Department of Justice made a significant announcement, accusing Visa of monopolizing debit markets and engaging in other questionable practices. This led to a decline in Visa’s stock by 5.4% on the same day.
Faruqi & Faruqi encourages anyone with relevant information about Visa’s actions, such as whistleblowers, former employees, and shareholders, to reach out to them. If you want to learn more about the class action involving Visa Inc., visit www.faruqilaw.com/V or contact Faruqi & Faruqi directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Please note that the lead plaintiff represents the investor with the most substantial financial stake in the class’s recovery and oversees the proceedings on behalf of class members. Whether you choose to serve as a lead plaintiff or not will not affect your ability to receive any potential compensation. Faruqi & Faruqi assures that all information shared with them will be treated confidentially.
Remember, this article is informational and not legal advice. For more details, visit the source version of this press release: https://www.newsfilecorp.com/release/231121.
