TMX Newsfile·2026-02-16 22:14Core Viewpoint - A class action lawsuit has been filed against Paysafe Limited (NYSE: PSFE) for alleged misleading statements and failure to disclose significant risks during the Class Period from March 4, 2025, to November 12, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Paysafe's ecommerce business had significant exposure to a high-risk client, leading to understated credit loss reserves and write-offs [5]. - It is alleged that Paysafe had undisclosed issues with higher risk Merchant Category Codes, complicating its client services [5]. - The lawsuit asserts that these issues likely had a material negative impact on Paysafe's revenue growth and overall revenue mix, making it unlikely for the company to meet its previously issued financial guidance for fiscal year 2025 [5]. Group 2: Investor Information - Investors who purchased Paysafe securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by April 7, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].