Deadline on April 10th coming up in Lawsuit for Investors in Global Payments Inc. (NYSE: GPN)

A deadline is coming up on April 10, 2023 in the lawsuit filed for certain investors of Global Payments Inc. (NYSE: GPN) over alleged securities laws violations by Global Payments Inc.

Investors who purchased shares of Global Payments Inc. (NYSE: GPN) have certain options and there are strict and short deadlines running. Deadline: April 10, 2023. NYSE: GPN 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 Northern District of Georgia the plaintiff alleges on behalf of purchasers of Global Payments Inc. (NYSE: GPN) common shares between October 31, 2019 to October 18, 2022, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between October 31, 2019 to October 18, 2022, the defendants made false and/or misleading statements and/or failed to disclose that Active Network used deceptive and abusive acts and practices to dupe its customers into enrolling into Active Network's own discount club, that since July 2011, Active Network, and by extension, Global Payments, was aware of such unauthorized conduct and that it was violating relevant regulations and laws aimed at protecting its consumers, that since 2011, Global Payments failed to properly monitor its subsidiary from engaging in such unlawful conduct, detect and stop the misconduct, and identify and remediate harmed consumers, that all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation, that Global Payments' revenues were in part the product of Active Network's unlawful conduct and thus unsustainable, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Global Payments Inc. (NYSE: GPN) 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.

This release was published on openPR.