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The DJS Law Group has reminded investors of a class action lawsuit against Paysafe Limited (“Paysafe” or “the Company”) (NYSE: PSFE) alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, as promulgated by the U.S. Securities and Exchange Commission.
Shareholders who purchased Paysafe shares during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to participate in any recovery.
According to the complaint, the Company made false and misleading statements to the market. The filing alleges that Paysafe had significant exposure to a high credit risk client within its e-commerce business and that the Company was likely to fall short of previously issued financial guidance for fiscal year 2025.
The complaint further states that, based on these facts, Paysafe’s public statements were false and materially misleading throughout the class period.
The firm states that if shareholders suffered losses, they can contact DJS Law Group to participate in the action.
DJS Law Group says its primary focus is to enhance investor return through balanced counseling and aggressive advocacy. The firm states it specializes in securities class actions, corporate governance litigation, and domestic/international M&A appraisals, and that it represents clients including large and sophisticated hedge funds and alternative asset managers.
This press release may be considered Attorney Advertising in some jurisdictions under applicable law and rules of ethics.
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
Source: DJS Law Group LLP
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