The Schall Law Firm Reminds Investors of Class Action Lawsuit Against Cardlytics, Inc.
Overview
The Schall Law Firm, a national shareholder rights litigation firm, recently reminded investors of a class action lawsuit against Cardlytics, Inc. The lawsuit alleges violations of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities during the specified Class Period are encouraged to contact the firm before the deadline.
Details of the Lawsuit
Cardlytics, Inc. is accused of engaging in deceptive practices that misled investors during the Class Period. The lawsuit specifically cites violations of 10(b) and 20(a) of the Securities Exchange Act of 1934. Investors who purchased the Company’s securities between March 14, 2024 and August 7, 2024 may be eligible to participate in the class action lawsuit.
Impact on Investors
Investors who were affected by Cardlytics, Inc.’s alleged misconduct may be entitled to financial compensation. It is important for investors to take action and contact the Schall Law Firm before the March 25, 2025 deadline in order to secure their rights and potential recovery.
How this May Affect You
As an investor in Cardlytics, Inc., you may be directly impacted by the outcome of this class action lawsuit. Depending on the findings of the lawsuit, you may be entitled to compensation if it is determined that the Company engaged in fraudulent practices during the Class Period.
Global Impact
Class action lawsuits against major companies like Cardlytics, Inc. can have a significant impact on the financial industry as a whole. Such cases serve to hold corporations accountable for their actions and can lead to increased transparency and fairness in the marketplace.
Conclusion
It is crucial for investors who purchased securities from Cardlytics, Inc. during the Class Period to take action and contact the Schall Law Firm before the deadline. By participating in the class action lawsuit, investors can protect their rights and potentially recover damages resulting from the alleged violations of securities laws.
