PSFE SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Paysafe (PSFE) Investors of Securities Class Action Deadline on April 7, 2026
Paysafe Paysafe (US:PSFE) Prnewswire·2026-02-11 14:54

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Paysafe Limited (PSFE) for alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status set for April 7, 2026 [1][2] Financial Performance - Paysafe reported third quarter financial results on November 13, 2025, with revenue of $433.8 million, missing consensus estimates by $5.8 million [1][2] - The company experienced a net loss of $87.7 million, a significant increase from a net loss of $12.98 million in the same period the previous year [1][2] - Full year 2025 expected revenue was slashed to $17 million at the midpoint, with adjusted EPS at $0.50 [1][2] Legal Allegations - The complaint alleges that Paysafe's ecommerce business had significant exposure to a single high-risk client, leading to understated credit loss reserves and write-offs [1][2] - It is claimed that Paysafe had undisclosed issues with higher risk Merchant Category Codes, complicating its banking relationships [1][2] - The aforementioned issues are believed to have a material negative impact on the company's revenue growth and overall revenue mix, making it unlikely for Paysafe to meet its previously issued financial guidance for fiscal year 2025 [1][2] Market Reaction - Following the announcement of the financial results, 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 [1][2]

PSFE SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Paysafe (PSFE) Investors of Securities Class Action Deadline on April 7, 2026 - Reportify