Important Notice for Shareholders of Cardlytics, Inc. from The Gross Law Firm
New York, NY – The Gross Law Firm, a leading securities fraud law firm, is investigating potential securities fraud claims on behalf of shareholders of Cardlytics, Inc. (CDLX). The investigation concerns whether Cardlytics and certain of its officers and directors violated federal securities laws.
Class Period and Eligibility
The investigation covers shareholders of Cardlytics who purchased shares during the class period, which is between November 8, 2023, and February 15, 2025. Eligible shareholders may be able to recover their losses through the appointment of a lead plaintiff and subsequent class action.
Background
Cardlytics is a leading provider of digital marketing solutions that helps advertisers reach consumers with relevant online advertising. The company’s technology analyzes de-identified card transaction data to enable targeted digital advertising. However, recent reports have raised concerns about the accuracy and reliability of Cardlytics’ data and the impact of these concerns on the company’s financial statements.
Investigation Details
The Gross Law Firm’s investigation focuses on whether Cardlytics and certain of its officers and directors made false and misleading statements regarding the company’s financial condition and prospects. Specifically, the firm is investigating allegations that Cardlytics failed to disclose material information about the accuracy and reliability of its data and the impact of these issues on the company’s financial statements.
How This Affects You
If you purchased shares of CDLX during the class period and have suffered losses, you may be eligible to participate in the investigation and potentially recover your losses. The Gross Law Firm encourages shareholders to contact the firm as soon as possible to discuss their legal rights and potential remedies.
How This Affects the World
The investigation into Cardlytics raises important questions about data accuracy, transparency, and disclosure in the tech industry. If it is determined that Cardlytics and its executives made false or misleading statements, it could lead to increased scrutiny of other tech companies that rely on large amounts of data to fuel their business operations.
Conclusion
The Gross Law Firm is committed to protecting the rights of shareholders and ensuring that companies provide accurate and transparent information to investors. If you purchased shares of Cardlytics during the class period and believe you have suffered losses as a result of the company’s alleged misrepresentations, we encourage you to contact us to discuss your legal rights and potential remedies. Together, we can hold those responsible accountable for their actions and work towards a fair resolution for all affected shareholders.
- The Gross Law Firm is investigating potential securities fraud claims against Cardlytics, Inc.
- The investigation covers shareholders who purchased shares between November 8, 2023, and February 15, 2025.
- Concerns have been raised about the accuracy and reliability of Cardlytics’ data and its impact on financial statements.
- Eligible shareholders may be able to recover their losses through the appointment of a lead plaintiff and subsequent class action.
- The investigation raises important questions about data accuracy, transparency, and disclosure in the tech industry.
