NEW ORLEANS, November 30, 2024 — ClaimsFiler, a free shareholder resource, reminds investors of the January 20, 2025 deadline to apply for lead plaintiff status in a class-action lawsuit against Visa Inc. (NYSE: V). This concerns investors who bought Visa securities between November 16, 2023 and September 23, 2024. The lawsuit is before the U.S. District Court for the Northern District of California.

Get Help

Visa investors can visit or call (844) 367-9658. Attorneys at Kahn Swick & Foti, LLC are available for consultations.

About the Lawsuit

Visa and some executives face allegations of failing to disclose material information during the specified period, thereby violating federal securities laws.

On September 24, the U.S. Department of Justice sued Visa for four Sherman Antitrust Act violations. The suit claims Visa uses its market dominance to stifle competition and coerce merchants into using its platform exclusively, harming consumers.

Following this news, Visa’s share price dropped $1.48 (5.38%), closing at $26.03 on September 24, 2024, on high trading volume.

The case is Cai v. Visa, Inc., et al., No. 24-cv-08220.

About ClaimsFiler

ClaimsFiler helps retail investors recover money from securities class action settlements. ClaimsFiler.com lets investors: (1) register for free access to information and settlement websites; (2) upload portfolio data for relevant case notifications; and (3) request free case evaluations from Kahn Swick & Foti, LLC.

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SOURCE ClaimsFiler