ROSEN, A LAW FIRM, Recommends Investors in Cardlytics, Inc. Investigating Securities Class Action Investigations

New York, New York–(Newsfile Corp. – January 19, 2025) – WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential investment applications on behalf of the shareholders of Cardlytics, Inc. (NASDAQ: NASDAQ: ) stemming from allegations that Cardlytics may have provided misleading trading information to the investing public.

NOW: If you have purchased Cardlytics securities you may be entitled to compensation without paying out-of-pocket fees or expenses through a contingency fee arrangement. The Rosen Law Firm is organizing a class action to seek to recover the investors’ losses.

WHAT YOU NEED TO DO: To join the pending class action, go to https://rosenlegal.com/submit-form/?case_id=33595 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.

DON’T: On August 7, 2024, after market hours, Cardlytics announced its results for the second quarter of 2024. In the right quarter, Cardlytics announced an annual revenue reduction of 9%. Commenting on these results, the release quoted Cardlytics’ Chief Financial Officer as saying “(w)hile we saw strong redemption growth, our results were challenged by slower growth than previously expected. expected, together with high customer incentives(.) we are confident that our improved page continues to support investment in the business.”

In this news, Cardlytics stock price fell by 57.1% on August 8, 2024.

WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Many of these firms do not actually prosecute securities class actions. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder litigation. The Rosen Law Firm achieved the largest defense settlement against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 by ISS Securities Group Action (WA:) Services in the number of securities class settlements in 2017. The firm has been ranked 4th every year since 2013 and has secured hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.

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Advertising Attorney. Preliminary results do not guarantee a similar outcome.

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To view the source version of this release, please visit https://www.newsfilecorp.com/release/237772