The lawsuit alleges that during the class period, March 12, 2019 through March 15, 2020, Paysign, Inc. actively engaged in fraudulent accounting standards, and lacked the necessary internal controls to prevent such accounting issues. Following disclosure of the company’s delay in filing its financial statements, due to weaknesses in internal controls, the company’s share price fell significantly in value.
Investors who purchased the Company’s securities are encouraged to contact the firm prior to May 18, 2020 deadline.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at email@example.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
8240 Beverly Blvd., Suite 9
Los Angeles, CA 90048