Philadelphia, Pennsylvania--(Newsfile Corp. - February 22, 2023) - A federal court has allowed a class action on behalf of PaySign (NASDAQ: PAYS) shareholders to proceed in which it is alleged that certain of PaySign's officers made materially false and misleading statements to the public as to PaySign's financial statements, which in turn allowed certain officers to engage in insider trading of their PaySign shares while the stock's prices were artificially inflated.
Current PaysSgn shareholders who have held shares since on or before March 12, 2019 can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever.
If you would like to learn more about this matter, you are encouraged to contact us at jgrabar@grabarlaw.com, visit https://grabarlaw.com/paysign-shareholder-litigation/, or call 267-507-6085.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/155742
