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Robbins Geller Rudman & Dowd LLP announces that purchasers of Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II (NYSE:PSFE, BFT)) securities between December 7, 2020 and November 10, 2021, inclusive (the “Class Period”) have until this upcoming Tuesday, February 8, 2022 to seek appointment as lead plaintiff in Wiley v. Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II, No. 21-cv-10611 (SDNY). Commenced on December 10, 2021, the Paysafe class action lawsuit charges Paysafe and certain of Foley Trasimene Acquisition Corp. II’s (“FTAC”) top executives with violations of the Securities Exchange Act of 1934. A similar lawsuit, O’Brien v. Paysafe Limited f/k/a Foley Trasimene Acquisition Corp. II, No. 22-00567, is also pending in the Southern District of New York.
If you suffered substantial losses and wish to serve as lead plaintiff of the Paysafe class action lawsuit, please provide your information by clicking here. You can also contact attorney JC Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com. Lead plaintiff motions for the Paysafe class action lawsuit must be filed with the court no later than this upcoming Tuesday, February 8, 2022.
CASE 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 . 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. On December 7, 2020, FTAC announced that it and Paysafe Group…
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