Paysafe Limited (PSFE)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Paysafe Limited, Inc. (“Paysafe” or the “Company”) (NASDAQ: PSFE).                        

 

The investigation concerns whether Paysafe and certain of its officers and/or directors have violated federal securities laws and breached fiduciary duties.

 

On March 30, 2021, Paysafe merged with Foley Trasimene Acquisition Corp. II (NYSE: BFT), a special purpose acquisition company.

On November 11, 2021, Paysafe adjusted its 2021 outlook and released its financial results for its third quarter. CEO Philip McHugh stated that Paysafe experienced "softer than expected revenue, reflecting both market and performance challenges within the digital wallet business." Following this news, Paysafe stock dropped 41% in early morning trading on November 11, 2021.

 

If you are aware of any facts relating to this investigation or purchased Paysafe shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.