Deadline on Oct. 19th coming up in Lawsuit for Investors in Shift4 Payments, Inc. (NYSE: FOUR)

A deadline is coming up on October 19, 2023 in the lawsuit filed for certain investors of Shift4 Payments, Inc. (NYSE: FOUR) over alleged securities laws violations by Shift4 Payments, Inc.

Investors who purchased shares of Shift4 Payments, Inc. (NYSE: FOUR) have certain options and there are strict and short deadlines running. Deadline: October 19, 2023. NYSE: FOUR 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 Eastern District of Pennsylvania the plaintiff alleges on behalf of purchasers of Shift4 Payments, Inc. (NYSE: FOUR) common shares between November 10, 2021 and April 18, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 10, 2021 and April 18, 2023, the Defendants made false and/or misleading statements and/or failed to disclose that Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting, that as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities, that accordingly, Shift4 would likely be forced to restate one or more of its previously issued financial statements, that Shift4 employed accounting maneuvers in connection with, among other things, its mass strategic buyout program and sponsor bank merchant settlement account, that were designed to present an inaccurate picture of, inter alia, the Company's performance, its underlying business quality, and its earnings power, that all the foregoing, once revealed, was likely to negatively impact Shift4's reputation and business, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Shift4 Payments, Inc. (NYSE: FOUR) 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.