Paysafe (US:PSFE) Prnewswire·2026-02-18 14:00Core Viewpoint - A class action securities lawsuit has been filed against Paysafe Limited, alleging securities fraud that affected investors between March 4, 2025, and November 12, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Paysafe Limited made false statements and concealed significant risks related to its ecommerce business, particularly its exposure to a high-risk client [1] - Allegations include that the company's credit loss reserves and write-offs were understated, and that there were undisclosed issues with higher risk merchant category codes [1] - 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 financial guidance for fiscal year 2025 [1] Group 2: Investor Information - Investors who suffered losses during the relevant time frame have until April 7, 2026, to request appointment as lead plaintiff in the lawsuit [1] - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [1] - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [1]