Globenewswire·2026-03-01 01:04Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of PayPal Holdings, Inc. common stock during the specified Class Period, indicating potential legal issues surrounding the company's financial disclosures and growth projections [1][5]. Group 1: Class Action Details - The class action lawsuit is for investors who purchased PayPal common stock between February 25, 2025, and February 2, 2026, and they may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][3]. - Investors wishing to serve as lead plaintiff must file with the Court by April 20, 2026, and a lead plaintiff acts on behalf of other class members in directing the litigation [3][5]. Group 2: Allegations Against PayPal - The lawsuit alleges that PayPal's management provided overly optimistic statements regarding the company's financial targets for 2027 and the growth of its Branded Checkout segment while concealing material adverse facts about the salesforce's capabilities [5]. - It is claimed that the defendants misled investors by presenting a false narrative about the company's readiness to capitalize on growth opportunities, which ultimately led to investor damages when the true state of affairs was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes its experience and success in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors, showcasing its capability in handling such cases [4].