PYPL Investor Alert: Kessler Topaz Meltzer & Check, LLP Encourages PYPL Investors with Losses to Contact the Firm
PayPalPayPal(US:PYPL) Prnewswire·2026-02-28 19:21

Core Viewpoint - A securities fraud class action lawsuit has been filed against PayPal Holdings, Inc. for alleged material misstatements regarding the company's revenue outlook and growth projections during the class period from February 25, 2025, to February 2, 2026 [1] Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Northern District of California, titled Goodman v. PayPal Holdings, Inc., Case No. 3:26-cv-01381 (N.D. Cal.) [1] - Investors have until April 20, 2026, to file for lead plaintiff status [1] Allegations - The complaint alleges that PayPal's management made materially false and misleading statements and failed to disclose adverse facts about the company's business operations [1] - Specifically, it is claimed that the management created a false impression of having reliable information regarding PayPal's projected revenue and growth while downplaying risks from seasonality and macroeconomic factors [1] - The lawsuit asserts that PayPal's growth initiatives were unrealistic and not achievable under the current CEO's leadership [1] Stock Performance - Following a surprise leadership change and a disappointing earnings report on February 3, 2026, PayPal's stock price dropped by $10.63, or 20.3%, closing at $41.70 per share [1] Investor Actions - Investors are encouraged to contact Kessler Topaz Meltzer & Check, LLP for a free case evaluation and to discuss their legal rights [1] - Options for investors include retaining counsel, contacting KTMC for evaluation, or filing to be a lead plaintiff by the deadline [1] About Kessler Topaz Meltzer & Check, LLP - KTMC is a leading U.S. plaintiff-side law firm specializing in securities-fraud class actions and has recovered over $25 billion for clients [1]

PayPal-PYPL Investor Alert: Kessler Topaz Meltzer & Check, LLP Encourages PYPL Investors with Losses to Contact the Firm - Reportify