Press release
Investigation announced for Investors in shares of Paysafe Limited (NYSE: PSFE) I
An investigation for investors in Paysafe Limited (NYSE: PSFE) shares over potential securities laws violations by Paysafe Limite.
Investors who purchased shares of Paysafe Limited (NYSE: PSFE), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Paysafe Limited (NYSE: PSFE) concerning whether a series of statements by Paysafe regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Bermuda based Paysafe Limited provides digital commerce solutions to online businesses, SMB merchants, and consumers through its Paysafe Network worldwide.
Paysafe Limited reported that its annual Total Revenue rose from over $1.41 billion in 2019 to over $14.2 billion in 2020, and that its Net Loss increased from $110.19 million in 2019 to $126.71 million in 2020.
On November 10, 2021, Paysafe Limited reported third-quarter earnings for 2021. Revenue was $353.6 million, a decrease of 1% from the prior-year quarter. Paysafe also guided revenue and profit forecast down for the balance of the year.
Shares of Paysafe Limited (NYSE: PSFE) declined from $8.02 per share on November 8, 2021, to $4.11 per share on November 11, 2021.
Those who purchased shares of Paysafe Limited (NYSE: PSFE) have certain options and should contact the Shareholders Foundation.
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 lawsuits, 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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