TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

Paysafe Limited INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (PSFE)

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kirby Mcinerney Llp
Paysafe Limited INVESTIGATION: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud on behalf of Investors (PSFE)

Law firm Kirby McInerney LLP is investigating potential securities fraud at Paysafe Limited after the company missed financial estimates and experienced a significant stock price decline following a client shutdown.

Insights
PSFE   negative

Stock price dropped 27.6% after missing revenue and EPS estimates, with a multi-million dollar client write-down causing investor concern and potential legal investigation