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Deadline on May 18th coming up in Lawsuit for Investors in PaySign, Inc. (NASDAQ: PAYS)

05-11-2020 09:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

A Deadline is coming up on May 18, 2020 in the lawsuit for certain investors in PaySign, Inc. (NASDAQ: PAYS).

A Deadline is coming up on May 18, 2020 in the lawsuit for certain investors in PaySign, Inc. (NASDAQ: PAYS).

The Shareholders Foundation announced that a deadline is coming up on May 18, 2020 in the lawsuit filed for certain investors of PaySign, Inc. (NASDAQ: PAYS) over alleged securities laws violations by PaySign, Inc. (NASDAQ: PAYS).

Investors who purchased shares of PaySign, Inc. (NASDAQ: PAYS) have certain options and there are strict and short deadlines running. Deadline: May 18, 2020. NASDAQ: PAYS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of Nevada the plaintiff alleges on behalf of purchasers of PaySign, Inc. (NASDAQ: PAYS) common shares between March 12, 2019 and March 15, 2020, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 12, 2019 and March 15, 2020, the defendants made false and/or misleading statements and/or failed to disclose that Paysign's internal control over financial reporting was not effective, that Paysign's information technology general controls were not effective, and that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of PaySign, Inc. (NASDAQ: PAYS) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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