Paysafecard cvs full#
On November 11, 2021, Paysafe announced that it was revising its revenue guidance for the full year 2021 downward from a range of $1,530 – $1,550 to a range of $1,470 – $1,480. The Paysafe class action lawsuit alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) Paysafe was being negatively impacted by gambling regulations in key European markets (ii) Paysafe was encountering performance challenges in its Digital Wallet segment (iii) new eCommerce customer agreements were being pushed back and (iv) as a result, defendants’ positive statements about Paysafe’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Prior to the merger, FTAC’s common shares traded on the NYSE under the symbol BFT. On December 7, 2020, FTAC announced that it and Paysafe Group Holdings Limited entered into a definitive agreement and plan of merger, and that upon closing of the transaction the newly combined company will operate as Paysafe with its shares listed on the New York Stock Exchange under the symbol PSFE. Paysafe provides digital commerce solutions and claims that its solutions extend beyond the card-based payments functionality of traditional payment vendors by providing the advanced capabilities of digital wallets, alternative payment methods, and digital currency transactions. Lead plaintiff motions for the Paysafe class action lawsuit must be filed with the court no later than February 8, 2022.ĬASE ALLEGATIONS: FTAC was a special purpose acquisition company (“SPAC” or “blank-check company”) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at. If you wish to serve as lead plaintiff of the Paysafe class action lawsuit, please provide your information by clicking here. II’s (“FTAC”) top executives with violations of the Securities Exchange Act of 1934. Commenced in the Southern District of New York on December 10, 2021, the Paysafe class action lawsuit charges Paysafe and certain of Foley Trasimene Acquisition Corp. Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II (NYSE: PSFE BFT) securities between Decemand November 10, 2021, both dates inclusive (the “Class Period”) have until Februto seek appointment as lead plaintiff in Wiley v. 21, 2021 (GLOBE NEWSWIRE) - The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Paysafe Limited f/k/a Foley Trasimene Acquisition Corp.