Core Viewpoint - Class actions have been initiated on behalf of stockholders of Paysafe Limited and Oracle Corporation, with specific deadlines for investors to petition the court to serve as lead plaintiff [1]. Paysafe Limited (NYSE:PSFE) - Class Period: March 4, 2025 to November 12, 2025 [5] - Lead Plaintiff Deadline: April 7, 2026 [5] - Allegations include materially false and misleading statements regarding Paysafe's ecommerce business, which had significant exposure to a high-risk client, leading to understated credit loss reserves and write-offs [5]. - Issues with higher risk Merchant Category Codes were not disclosed, impacting client services and likely affecting revenue growth and overall revenue mix [5]. - Paysafe was unlikely to meet its previously issued financial guidance for fiscal year 2025 due to these undisclosed issues [5]. - Following the release of third quarter 2025 financial results, which missed revenue and EPS estimates, Paysafe's stock price fell by $2.80, or 27.6%, closing at $7.36 per share on November 13, 2025 [5]. Oracle Corporation (NYSE:ORCL) - Class Period: June 12, 2025 to December 16, 2025 [5] - Lead Plaintiff Deadline: April 6, 2026 [5] - Allegations include materially false and misleading statements regarding Oracle's AI infrastructure strategy, which would lead to significant increases in capital expenditures without corresponding near-term revenue growth [5]. - Increased spending raised concerns about Oracle's debt, credit rating, free cash flow, and ability to fund projects [5]. - Defendants' representations about the company's business and prospects were claimed to be materially false and misleading [5].
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Paysafe and Oracle and Encourages Investors to Contact the Firm