Stocks

Rosen Law Firm Urges Visa Inc. Investors to Act Before Class Action Deadline

Published December 26, 2024

Rosen Law Firm, a leading player in global investor rights, is reaching out to those who have purchased securities of Visa Inc. (NYSE: V) within the period from November 16, 2023, to September 23, 2024. The firm is reminding these investors that they have an important deadline: January 21, 2025, is the cutoff date to secure a lead plaintiff position in a securities class action lawsuit that was initiated by Rosen Law Firm.

If you are among those who invested in Visa during this specified timeframe, you may have the right to seek compensation. Importantly, this can be done without incurring any fees out of your own pocket, thanks to a contingency fee arrangement that the firm offers.

To take the next step and join this class action suit, interested investors can reach out through the provided channels. They have the option to fill out a form at this link, or they can contact Phillip Kim, Esq. by calling 866-767-3653 or by sending an email to [email protected] for further information. It is crucial to note that if you wish to have a more active role as a lead plaintiff, you must file your motion with the court by January 21, 2025. Being a lead plaintiff means taking on the responsibility of representing other class members in guiding the litigation process.

Why Choose Rosen Law Firm?

Rosen Law Firm encourages investors to partner with a reputable counsel that has a strong history of winning cases. Many firms that announce such class actions may lack the experience, resources, or peer acknowledgment necessary for effective representation. In fact, some of these firms do not engage in litigation themselves, acting instead as middlemen that simply refer clients to litigating law firms.

In contrast, Rosen Law Firm has successfully represented investors worldwide with a focus on securities class actions and shareholder derivative litigation. Notably, the firm has achieved record settlements, including the largest securities class action settlement against a Chinese company at that time. Furthermore, Rosen Law Firm has consistently ranked as a top law firm for securing class action settlements and has recovered substantial amounts for investors over the years, including over $438 million in 2019 alone. Founding partner Laurence Rosen has also received accolades from legal authorities, emphasizing the firm's commitment to investor rights.

Details of the Lawsuit

The lawsuit against Visa highlights that during the class period, the defendants made several misleading statements. The claims suggest that Visa was not complying with federal antitrust laws and lacked adequate internal measures to ensure compliance. Consequently, the information that Visa provided to the public was deemed materially false or misleading. As the actual facts came to light, investors reportedly faced significant financial damage.

To join the Visa class action, again, you can go to this link or contact Phillip Kim, Esq. at 866-767-3653 or via email at [email protected] for more information.

It is important to recognize that no class has been certified yet. Until such a certification takes place, you are not represented by legal counsel unless you choose to retain one. You also have the option to remain an absent class member and take no action at this time. Keep in mind that your chances of sharing in any potential recovery are not contingent on you being a lead plaintiff.

Stay updated on further developments by following Rosen Law Firm on LinkedIn, Twitter, and Facebook.

Visa, Lawsuit, Investors