Core Viewpoint - Paysafe Limited is facing a class action lawsuit for securities fraud, with allegations of false and misleading statements regarding its financial health and risk exposure [1]. Summary by Relevant Sections Company Overview - Paysafe Limited (NYSE: PSFE) is under scrutiny for potential violations of the Securities Exchange Act of 1934, specifically §§10(b) and 20(a) and Rule 10b-5 [1]. Legal Proceedings - The Schall Law Firm is leading the class action lawsuit, encouraging investors who purchased Paysafe securities between March 4, 2025, and November 12, 2025, to participate before the deadline of April 7, 2026 [1]. - The lawsuit claims that Paysafe had significant exposure to a high-risk client in its e-commerce business, which was not disclosed to investors [1]. Financial Misrepresentation - Allegations include that Paysafe understated its credit loss reserves and/or write-offs, and failed to disclose higher risk Merchant Category Codes [1]. - The company's public statements are claimed to have been false and materially misleading throughout the class period, leading to investor damages when the truth was revealed [1].
PSFE Investors Have Opportunity to Lead Paysafe Limited Securities Fraud Lawsuit with the Schall Law Firm