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Source Reddit r/fintech reddit.com Forum
October 8, 2026 ai_technology fintech

Deadline to Submit Claims on the Marqeta $13M Settlement is in 3 Months

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Overview

Hey guys, if you missed it, Marqeta settled $13 million with investors over claims that it misled them about its dependence on Block and the sustainability of its growth at the time of its 2021 IPO. And, the deadline to file a claim and get payment is December 31, 2026. In a nutshell, in 2024, Marqeta was accused of misleading investors about how much of its revenue depended on Block, as well as overstating the sustainability of its growth and minimizing the risks of customer concentration and c

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