A class action lawsuit has been filed against PayPal Holdings Inc. in the United States District Court for the Northern District of California on behalf of investors who purchased the company's stock between February 25, 2025, and February 2, 2026. The complaint alleges that PayPal provided overly optimistic statements about its financial targets and growth in its branded checkout segment while concealing problems with its salesforce and operational challenges. Following disappointing financial results and a CEO transition announced on February 3, 2026, PayPal's stock price fell by more than 20 percent. The suit seeks to recover losses suffered by shareholders during the specified period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PayPal Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602171749PRIMZONEFULLFEED9656360) on February 17, 2026, and is solely responsible for the information contained therein.