SAN DIEGO, November 11, 2021 /Globe Newswire/ —
Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims against Paysafe Limited (“Paysafe”) (NYSE: PSFE) and its officers and directors for violations of federal securities laws.
On March 30, 2021, Paysafe merged with Foley Trasimene Acquisition Corp. II (NYSE: BFT), a special purpose acquisition company.
On November 10, 2021, Paysafe reported third-quarter earnings for 2021. Revenue was $353.6 million, a decrease of 1% from the prior-year quarter. Paysafe also guided revenue and profit forecast down for the balance of the year.
Following this news, Paysafe stock was trading down 41% in early morning trading on November 11, 2021.
If you purchased Paysafe, have information that could assist in this investigation (including past employees and others), or if you are interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.
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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com