Recent Security Class Actions

Paysafe Limited Common Shares (NYSE: PSFE)

Company Name:Paysafe Limited Common Shares
Stock Symbol:NYSE: PSFE
Class Period Start:12/07/2020
Class Period End (inclusive):11/10/2021
Filing Deadline:02/08/2022

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges Defendants failed to disclose to investors that: (1) that Paysafe was being negatively impacted by gambling regulations in key European markets; (2) that Paysafe was encountering performance challenges in its Digital Wallet segment; (3) that new eCommerce customer agreements were being pushed back; and (4) 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.