New York, New York--(Newsfile Corp. - January 17, 2022) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II (NYSE: PSFE) alleging that the Company violated federal securities laws.
Class Period: December 7, 2020 to November 10, 2021
Lead Plaintiff Deadline: February 8, 2022
No obligation or cost to you.
Learn more about your recoverable losses in PSFE:
https://www.kleinstocklaw.com/pslra-1/paysafe-limited-f-k-a-foley-trasimene-acquisition-corp-ii-loss-submission-form?id=22192&from=5
Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II NEWS - PSFE NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II made materially false and/or misleading statements and/or failed to disclose that: (1) Paysafe was being negatively impacted by gambling regulations in key European markets; (2) Paysafe was encountering performance challenges in its Digital Wallet segment; (3) new eCommerce customer agreements were being pushed back; and (4) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Paysafe you have until February 8, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Paysafe securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the PSFE lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
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