Core Viewpoint - A securities fraud class action lawsuit has been filed against PayPal Holdings, Inc. for allegedly making materially false and misleading statements regarding its business operations and revenue outlook during the specified class period [2][4]. Group 1: Lawsuit Details - The lawsuit is titled Goodman v. PayPal Holdings, Inc., et al, and was filed in the United States District Court for the Northern District of California [2]. - The class period for the lawsuit is from February 25, 2025, to February 2, 2026, and investors have until April 20, 2026, to file for lead plaintiff status [6]. - Allegations include that PayPal's management misrepresented the company's projected revenue and growth, downplaying risks associated with seasonality and macroeconomic factors [4]. Group 2: Stock Performance - On February 3, 2026, PayPal announced a leadership change, replacing its CEO, which coincided with the release of its fourth quarter and full year 2025 earnings report [5]. - The earnings report revealed that PayPal missed consensus estimates for both revenue and profit, leading to a significant stock price drop of $10.63, or 20.3%, closing at $41.70 per share [5]. Group 3: Investor Actions - Investors who purchased PayPal common stock and experienced losses are encouraged to contact Kessler Topaz Meltzer & Check, LLP for potential recovery options [3][6]. - The firm offers a free case evaluation and operates on a contingency fee basis, meaning there is no upfront cost to the investors [7].
PayPal Holdings, Inc. (PYPL) Securities Fraud Class Action Lawsuit Filed; April 20, 2026, Lead Plaintiff Deadline