INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Paysafe Limited of Class Action Lawsuit and Upcoming Deadlines - PSFE
Paysafe Paysafe (US:PSFE) Prnewswire·2026-02-12 23:42

Core Viewpoint - A class action lawsuit has been filed against Paysafe Limited due to allegations of securities fraud and unlawful business practices, following disappointing financial results and a significant stock price drop [1]. Financial Performance - Paysafe reported third-quarter 2025 revenue of $433.8 million, missing consensus estimates by $5.8 million [1]. - The company experienced a net loss of $87.7 million, a substantial increase from a net loss of $12.98 million in the same period the previous year [1]. - Full-year 2025 expected revenue has been revised down to $17 million at the midpoint, with adjusted EPS projected at $0.50 [1]. Management Commentary - CEO Bruce Lowthers indicated that a last-minute client shutdown led to several million-dollar write-downs in Q3 [1]. - The company is facing challenges in a lower-tier market, particularly with high-risk Merchant Category Codes (MCC), which are difficult for banks to underwrite [1]. - Lowthers acknowledged ongoing difficulties with certain MCC codes and the company's efforts to navigate these challenges [1]. Stock Market Reaction - Following the announcement of the financial results, Paysafe's stock price fell by $2.80 per share, or 27.6%, closing at $7.36 per share on November 13, 2025 [1].

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Paysafe Limited of Class Action Lawsuit and Upcoming Deadlines - PSFE - Reportify