Press release
Cardlytics, Inc. (NASDAQ: CDLX) Investor Alert: Deadline in Lawsuit on March 25, 2025
A Deadline is coming up on March 25, 2025 in the lawsuit for certain investors in Cardlytics, Inc. (NASDAQ: CDLX).
Investors who purchased shares of Cardlytics, Inc. (NASDAQ: CDLX) have certain options and there are strict and short deadlines running. Deadline: March 25, 2025. Cardlytics, Inc. (NASDAQ: CDLX) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Northern District of Georgia the plaintiff alleges on behalf of purchasers of Cardlytics, Inc. (NASDAQ: CDLX) common shares between March 14, 2024 and August 7, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 14, 2024 and August 7, 2024, the Defendants failed to disclose to investors: (1) increasing consumer engagement led to an increase in consumer incentives; (2) that the Company could not increase its billings commensurate with the increased consumer engagement; (3) that, as a result, there was a significant risk that its revenue growth would slow or decline; (4) that the changes to ADE, which led to increased consumer engagement, led to the "under-delivery" of budgets and customers billing estimates; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Cardlytics, Inc. (NASDAQ: CDLX) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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