LOS ANGELES, CA - (NewMediaWire) - November 28, 2021 - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Paysafe Limited ("Paysafe" or "the Company") (NYSE: PSFE) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Paysafe released its third quarter financial results on November 11, 2021. The Company admitted "softer than expected revenue, reflecting both market and performance challenges within the digital wallet business." Based on this news, shares of Paysafe dropped by 41% on the same day.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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