Tuesday, 02 January 2024 12:17 GMT

Portnoy Law Firm Announces Class Action On Behalf Of Paysafe Limited Investors


(MENAFN- GlobeNewsWire - Nasdaq) LOS ANGELES, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Paysafe Limited, (“Paysafe” or the "Company") (NYSE: PSFE) investors of a class action on behalf of investors that bought securities between March 4, 2025 and November 12, 2025, inclusive (the“Class Period”). Paysafe investors have until April 7, 2026 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: ..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.

According to the complaint, during the class period, defendants failed to disclose to investors: (1) Paysafe's ecommerce business had significant exposure to a single high risk client; (2) as a result, the Company's credit loss reserves and/or write-offs were understated; (3) Paysafe had an undisclosed issue with higher risk Merchant Category Codes, making its client services difficult to bank; (4) the foregoing issues were likely to have a material negative impact on the Company's revenue growth and overall revenue mix; and (5) as a result, Paysafe was unlikely to meet its own previously issued financial guidance for fiscal year 2025. When the truth was revealed, Paysafe's stock price fell $2.80, or 27.6%, to close at $7.36 per share on November 13, 2025.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
...
310-692-8883

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