UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Paysafe Limited
Paysafe Paysafe (US:PSFE) TMX Newsfile·2026-02-09 21:22

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Paysafe Limited due to allegations of violations of federal securities laws, encouraging affected investors to contact them for legal options [2][4]. Group 1: Legal Investigation - The law firm is looking into claims against Paysafe Limited, with a deadline of April 7, 2026, for investors to seek the role of lead plaintiff in a federal securities class action [2]. - The firm has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3]. Group 2: Allegations Against Paysafe - The complaint alleges that Paysafe and its executives made false or misleading statements and failed to disclose significant risks, including exposure to a high-risk client and understated credit loss reserves [4]. - Specific issues cited include difficulties in banking services due to higher risk Merchant Category Codes, which could negatively impact revenue growth and financial guidance for fiscal year 2025 [4]. Group 3: Financial Performance - On November 13, 2025, Paysafe reported third-quarter financial results with revenue of $433.8 million, missing consensus estimates by $5.8 million, and a net loss of $87.7 million, a significant increase from a net loss of $12.98 million in the previous year [5]. - The company adjusted its full-year 2025 expected revenue to $17 million at the midpoint and adjusted EPS to $0.50 at the midpoint [5]. - The credit loss expense for the quarter was reported at $13,220, primarily due to expected chargebacks related to a specific merchant [6]. Group 4: Market Reaction - Following the financial report, Paysafe's stock price fell by $2.80, or 27.6%, closing at $7.36 per share on November 13, 2025, amid unusually heavy trading volume [6].