PSFE CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit On Behalf Of Paysafe Limited Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP (“GPWR”), announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Singh v. Paysafe Limited, et al., Case No. 1:26-cv-01048, on behalf of persons and entities that purchased or otherwise acquired Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE) securities between March 4, 2025 and November 12, 2025, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”).

Investors are hereby notified that they have 60 days from the date of this notice to move the Court to serve as lead plaintiff in this action.

IF YOU SUFFERED A LOSS ON YOUR PAYSAFE INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?

On November 13, 2025, before the market opened, Paysafe announced third quarter financial results, including revenue of $433.8 million, which missed consensus estimates by $5.8 million, and a net loss of $87.7 million, a steep drop from the prior year period wherein the Company’s net loss was only $12.98 million. The Company also slashed full year 2025 expected revenue to $17 million at the midpoint, and adjusted EPS $0.50 at the midpoint.

The Company further revealed that its credit loss expense for the quarter was $13,220 “primarily [as] the result of a specific provision for expected chargebacks related to an individual merchant in the Merchant Solutions segment.” The report revealed write-offs of $9,924 “driven by the write off of irrecoverable amounts receivable in the Merchant Solutions segment.”

On the same date, the Company held an earnings call during which CEO Bruce Lowthers revealed the Company “had a last-minute client that had to shut down that caused several million-dollar write-down in Q3.” Lowthers further revealed the Company is in a market tier with “higher risk MCC [Merchant Category Codes] codes.” Lowthers explained “those things sometimes are a little difficult to bank” and “sometimes the banks aren’t open to the additional risk” “so, we’ve had a little bit of challenge with that with some of those MCC codes.”

On this news, Paysafe’s stock price fell $2.80, or 27.6%, to close at $7.36 per share on November 13, 2025, on unusually heavy trading volume.

What Is The Lawsuit About?

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) Paysafe’s ecommerce business had significant exposure to a single high risk client; (2) as a result, the Company’s credit loss reserves and/or write-offs were understated; (3) Paysafe had an undisclosed issue with higher risk Merchant Category Codes, making its client services difficult to bank; (4) the foregoing issues were likely to have a material negative impact on the Company’s revenue growth and overall revenue mix; (5) as a result, Paysafe was unlikely to meet its own previously issued financial guidance for fiscal year 2025; and (6) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you purchased or otherwise acquired Paysafe securities during the Class Period, you may move the Court no later than 60 days from the date of this notice to ask the Court to appoint you as lead plaintiff.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles, California 90067
Email: [e-mail]
Telephone: [phone],
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
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If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.

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