Paysafe (US:PSFE) Prnewswire·2026-02-10 02:59Core Viewpoint - A class action has been filed against Paysafe Limited (NYSE: PSFE) on behalf of investors who acquired its securities between March 4, 2025, and November 12, 2025, due to allegations of misleading information regarding its business prospects [1][2]. Group 1: Allegations - The complaint alleges that Paysafe failed to disclose significant exposure to a high-risk client in its ecommerce business [2] - It is claimed that the company's credit loss reserves and/or write-offs were understated as a result of this exposure [2] - The company reportedly had undisclosed issues with higher risk Merchant Category Codes, complicating its client services [2] - These issues were likely to negatively impact the company's revenue growth and overall revenue mix [2] - Consequently, Paysafe was unlikely to meet its previously issued financial guidance for fiscal year 2025 [2] Group 2: Stock Price Impact - Following the revelation of these issues, Paysafe's stock price dropped by $2.80, or 27.6%, closing at $7.36 per share on November 13, 2025 [3] Group 3: Class Action Participation - Shareholders interested in serving as lead plaintiff must submit their papers to the court by April 7, 2026 [4] - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4] Group 4: Legal Representation - All representation in this matter is on a contingency fee basis, meaning shareholders incur no fees or expenses [5]