PayPal(US:PYPL) Globenewswire·2026-02-19 13:19Core Viewpoint - A securities fraud class action lawsuit has been filed against PayPal Holdings, Inc. for alleged misrepresentations regarding its financial targets and growth trajectory [4][5]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the Northern District of California on behalf of investors who purchased PayPal common stock between February 25, 2025, and February 2, 2026 [4]. - The allegations include violations of the Securities Exchange Act of 1934 against PayPal and certain senior officers [4]. Group 2: Legal Actions and Deadlines - Investors wishing to serve as lead plaintiffs must file their papers by April 20, 2026 [3]. - Participation as a lead plaintiff is not required to share in any potential recovery from the lawsuit [3]. Group 3: Company Background - Bernstein Liebhard LLP, the law firm handling the case, has recovered over $3.5 billion for clients since its inception in 1993 and has a strong track record in class action litigation [6].