Paysafe (US:PSFE) Globenewswire·2026-02-17 13:07Core Viewpoint - A shareholder class action lawsuit has been filed against Paysafe Limited, alleging false and misleading statements regarding the company's business and financial health [1] Group 1: Allegations in the Lawsuit - The lawsuit claims that Paysafe's ecommerce business had significant exposure to a single high-risk client [1] - It is alleged that the company's credit loss reserves and/or write-offs were understated due to this exposure [1] - The lawsuit points out that Paysafe had undisclosed issues with higher risk Merchant Category Codes, complicating its client services [1] - These issues are expected to have a material negative impact on the company's revenue growth and overall revenue mix [1] - As a result of these factors, Paysafe is unlikely to meet its previously issued financial guidance for fiscal year 2025 [1] Group 2: Legal Information - Investors who purchased Paysafe shares between March 4, 2025, and November 12, 2025, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed lead plaintiff in the case is April 7, 2026 [3] - Holzer & Holzer, LLC is a law firm specializing in shareholder class action and derivative litigation, having recovered hundreds of millions for shareholders affected by corporate misconduct [3]