SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of PayPal Holdings, Inc. Common Stock and Sets a Lead Plaintiff Deadline of April 20, 2026
PayPalPayPal(US:PYPL) Globenewswire·2026-02-17 22:49

Core Viewpoint - A class action lawsuit has been filed against PayPal Holdings, Inc. due to alleged misrepresentations regarding the company's financial targets and performance, particularly in its Branded Checkout segment, leading to significant stock price decline [1][3][4]. Company Performance - PayPal's financial results for Q4 and full fiscal year 2025 were disappointing, with a notable decline in performance in the Branded Checkout segment [3]. - The company announced a sudden transition in its CEO role and withdrew its previously set financial targets for 2027, indicating a slowdown in growth expectations [3]. Stock Market Reaction - Following the announcement of poor financial results, PayPal's stock price dropped from $52.33 per share on February 2, 2026, to $41.70 per share on February 3, 2026, marking a decline of approximately 20.31% in one day [4]. Legal Action - The lawsuit, Aaron B. Goodman v. PayPal Holdings, Inc., has been initiated in the U.S. District Court for the Northern District of California, targeting investors who purchased PayPal stock between February 25, 2025, and February 2, 2026 [1][3]. - Investors are encouraged to step forward before the April 20, 2026 deadline to seek compensation for losses incurred due to the alleged misrepresentations [5].

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of PayPal Holdings, Inc. Common Stock and Sets a Lead Plaintiff Deadline of April 20, 2026 - Reportify