WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PayPal Holdings, Inc. between February 9, 2017 and July 28, 2021, inclusive of the important October 19, 2021 lead plaintiff deadline. SO WHAT: If you purchased PayPal securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ...

-

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PayPal Holdings, Inc. (NASDAQ: PYPL) between February 9, 2017 and July 28, 2021, inclusive (the "Class Period"), of the important October 19, 2021 lead plaintiff deadline.

SO WHAT: If you purchased PayPal securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the PayPal class action, go to http://www.rosenlegal.com/cases-register-2138.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 19, 2021 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) PayPal had deficient disclosure controls and procedures; (2) as a result, PayPal's business practices with respect to PayPal Credit remained non-compliant with applicable laws and/or regulations; (3) PayPal's practices regarding payment of interchange rates related to its debit cards were likewise non-compliant with applicable laws and/or regulations; (4) accordingly, PayPal's revenues derived from its PayPal Credit and debit card practices were in part the subject of improper conduct and thus unsustainable; (5) all the foregoing subjected PayPal to an increased risk of regulatory investigation and enforcement; and (6) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the PayPal class action, go to http://www.rosenlegal.com/cases-register-2138.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ .

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

Intuit Announces Secondary Offering of 1,548,700 Shares of Common Stock

INTUit (the "Company") (Nasdaq: INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp, announced today that certain entities affiliated with Dan Kurzius, co-founder of Mailchimp (the "Selling Stockholder") have commenced an underwritten secondary offering of 1,548,700 shares of the Company's common stock.

The 1,548,700 shares, which represent approximately 15.3% of the shares issued by the Company as partial consideration for the Company's acquisition of The Rocket Science Group LLC (d/b/a Mailchimp), are being sold in order to satisfy certain tax obligations and for estate planning purposes. The Selling Stockholder will receive all of the net proceeds from the offering. The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the offering.

Keep reading... Show less

Intuit Executive Vice President Greg Johnson to Present at the Wells Fargo TMT Virtual Summit

INTUit (NASDAQ: INTU), the global technology platform that makes TurboTax , QuickBooks , Mint , Credit Karma , and Mailchimp , announced today that Greg Johnson, executive vice president and general manager of Intuit's Consumer Group, will participate in a fireside chat at the Wells Fargo TMT Virtual Summit on Tuesday, November 30.

The fireside chat will begin at 2:20 p.m. PDT/5:20 p.m. EDT and will be available live via audio webcast on Intuit's investor relations website at https://investors.intuit.com/events-and-presentations/default.aspx . A replay of the webcast will be available approximately 24 hours after the presentation ends.

Keep reading... Show less

Intuit CFO Michelle Clatterbuck to Present at the Nasdaq Virtual Investor Conference

INTUit (NASDAQ: INTU), the global technology platform that makes TurboTax , QuickBooks , Mint , Credit Karma , and Mailchimp , announced today that Michelle Clatterbuck, chief financial officer at Intuit, will participate in a fireside chat at the Nasdaq Virtual Investor Conference on Tuesday, November 30.

The fireside chat will begin at 9:00 a.m. PDT/12:00 p.m. EDT and will be available live via audio webcast on Intuit's investor relations website at https://investors.intuit.com/events-and-presentations/default.aspx . A replay of the webcast will be available approximately 24 hours after the presentation ends.

Keep reading... Show less

FIS Tops Chartis' Risk and Compliance Technology Ranking for Seven Years in a Row

Key facts:

  • For seven straight years, FIS places first in the Chartis RiskTech100 ® , an annual ranking of the world's top 100 providers of risk and compliance technology.
  • FIS also wins in five categories: Functionality, Market Presence, Insurance, Trading & Capital Markets, and Front Office Risk Management.

Financial technology leader FIS ® (NYSE: FIS) today announced that it has earned the number one spot in the Chartis RiskTech100 ® for the seventh straight year. Compiled by leading research and analysis firm Chartis Research, the Chartis RiskTech100 ® is an annual ranking of the world's top 100 providers of risk and compliance technology.

Keep reading... Show less
Bitcoin Well Announces Addition of Over 100 New Bitcoin ATM Machines as Part of an Expanding Partnership with RapidCash ATM

Bitcoin Well Announces Addition of Over 100 New Bitcoin ATM Machines as Part of an Expanding Partnership with RapidCash ATM

Bitcoin Well (the "Company" or "BTCW"), a technology company building and utilizing products that offer safe and easy ways to buy, sell and use bitcoin, is pleased to announce the growth of our partnership with RapidCash ATM Ltd. ("RCAL"), a partnership offering further benefits following our acquisition of Ghostlab Inc. ("Ghostlab"), which closed on September 13, 2021. After initially installing the Ghostlab software on its first ATM in December of 2020, RCAL subsequently deployed a total of 43 ATM kiosks with our ghostATM software (proprietary Bitcoin ATM software), the majority of which were recently installed. These ATM kiosks have since generated Bitcoin sales of over $565,000 for the RCAL Bitcoin ATM Partner network, which is operated by Bitcoin Well.

Keep reading... Show less

Intuit Reports Strong First Quarter Results and Raises Full Year Revenue Guidance Reflecting Early Momentum in the Year and the Acquisition of Mailchimp

INTUit Inc. (Nasdaq: INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp, announced financial results for the first quarter of fiscal 2022, which ended Oct. 31. INTUit grew total revenue to $2.0 billion, up from $1.3 billion the prior year, including the addition of Credit Karma. With the addition of Mailchimp starting Nov. 1 and the company's strong momentum, INTUit raised its fiscal year 2022 revenue guidance to 26 to 28 percent growth. Excluding Mailchimp, the company expects revenue growth of 18 to 20 percent, up from prior guidance of 15 to 16 percent.

"We are off to a strong start in fiscal year 2022, delivering on our strategy of becoming an AI-driven expert platform powering the prosperity of consumers and small businesses," said Sasan Goodarzi, Intuit's chief executive officer. "We continue to see strong momentum and proof that our Big Bets are further positioning us for durable growth in the future, and we're delighted that Mailchimp has joined Intuit."

Keep reading... Show less

Top News

Related News