NEW YORK, Jan. 28, 2022 /PRNewswire/ -- Jakubowitz Law
announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Paysafe Limited f/k/a Foley
Trasimene Acquisition Corp. II (NYSE: PSFE).
To receive updates on the lawsuit, fill out the
form:
https://claimyourloss.com/securities/paysafe-limited-f-k-a-foley-trasimene-acquisition-corp-ii-loss-submission-form/?id=22656&from=4
The lawsuit seeks to recover losses for shareholders who
purchased Paysafe between December 7,
2020 and November 10, 2021.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
February 8, 2022 to petition
the court. Your ability to share in any recovery doesn't require
that you serve as a lead plaintiff.
According to a filed complaint, Paysafe Limited f/k/a Foley
Trasimene Acquisition Corp. II issued 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.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original
content:https://www.prnewswire.com/news-releases/psfe-shareholder-alert-jakubowitz-law-reminds-paysafe-shareholders-of-a-lead-plaintiff-deadline-of-february-8-2022-301470764.html
SOURCE Jakubowitz Law