NEW YORK, NY / ACCESSWIRE / October 1, 2024 / Pomerantz LLP investigates claims on behalf of Visa Inc. investors. (“Visa” or the “Company”) (NYSE:V). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation is into whether Visa and certain of its officers and/or directors engaged in securities fraud or other illegal business practices.

(Click here for information on joining the class action)

On September 24, 2024, the U.S. Department of Justice (“DOJ”) filed an antitrust lawsuit alleging that Visa abused its dominant position in the debit card market to force businesses to use Visa’s network over those of competitors and to prevent the introduction of new alternatives market entry.

Upon news of the Department of Justice lawsuit, Visa’s stock price fell $15.85 per share, or 5.49%, to close at $272.78 per share on September 24, 2024.

With offices in New York, Chicago, Los Angeles, London and Paris, Pomerantz is recognized as one of the leading firms in the corporate, securities and antitrust class action areas. Founded by the late Abraham L. Pomerantz, known as the Dean of the Pomerantz Chamber, the Pomerantz Law Firm was a pioneer in the field of securities class actions. Today, over 80 years later, the Pomerantz Law Firm continues the tradition it started, fighting for the rights of victims of securities fraud, breaches of fiduciary duty and corporate abuse. The company has recovered numerous multi-million-dollar compensation claims on behalf of group members. See www.pomerantzlaw.com.

Attorney advertising. Past performance does not guarantee similar results.

SOURCE: Pomerantz limited liability company

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