Visa(V) Prnewswire·2024-12-17 15:00Core Viewpoint - A securities class action lawsuit has been filed against Visa Inc. for alleged violations of federal antitrust laws during the Class Period from November 16, 2023, to September 23, 2024 [1][3]. Group 1: Allegations Against Visa - The complaint alleges that Visa made materially false and misleading statements and failed to disclose compliance issues with federal antitrust laws [3]. - It is claimed that Visa lacked effective internal programs and policies to assess and control compliance with these laws [3]. - As a result of these alleged failures, the public statements made by Visa were considered materially false and misleading throughout the relevant time [3]. Group 2: Legal Process and Participation - Investors in Visa have until January 21, 2025, to seek appointment as a lead plaintiff representative of the class [4]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [4]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [4].