ATLANTA, GA – – (Globe Newswire – December 10, 2024) – – A shareholder class action lawsuit has been filed against Marqeta, Inc. (“Marqeta” or the “Company”) (NASDAQ: MQ). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts about Marqeta’s business, including allegations that: (1) Marqeta understated the regulatory challenges affecting its business outlook; and (2) as a result, Marqeta would have to cut its guidance for the fourth quarter of 2024.

If you bought shares of Marqeta between August 7, 2024 and November 4, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/marqeta/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is February 7, 2025.