Bronstein, Gewirtz & Grossman, LLC Announces Paysign, Inc. Class Action
May 14 2020 - 1:00PM
InvestorsHub NewsWire
NEW YORK, NY -- May
14, 2020 -- InvestorsHub NewsWire -- Attorney Advertising --
Bronstein, Gewirtz & Grossman, LLC reminds investors that a
class action lawsuit has been filed against
of Paysign, Inc.
(“Paysign” or the “Company”) (NASDAQ:
PAYS) and certain of its officers, on behalf of
shareholders who purchased or
otherwise acquired Paysign
securities between March 12, 2019 and March 31,
2020, inclusive (the “Class
Period”). Such investors are
encouraged to join this case by visiting the firm’s
site: www.bgandg.com/pays.
This class action seeks to recover damages against
Defendants for alleged violations of the federal securities laws
under the Securities Exchange Act of
1934.
The Complaint
alleges that throughout the Class Period, Defendants made
materially false and/or misleading statements
that: (1) Paysign’s
internal control over financial reporting was not effective; (2)
Paysign’s information technology general controls were not
effective; and (3) as a result, defendants’ statements about its
business, operations, and prospects, were materially false and
misleading and/or lacked a reasonable basis at all relevant
times.
A class action
lawsuit has already been filed. If you wish to review a copy of the
Complaint you can visit the firm’s site: www.bgandg.com/pays
or you
may contact Peretz Bronstein, Esq. or his Investor Relations
Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at
212-697-6484. If you suffered a loss in Paysign you have
until May 18, 2020 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn't
require that you serve as a lead
plaintiff.
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.
Contact:
Bronstein, Gewirtz
& Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484
| info@bgandg.com
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