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PAYS.US
id: 917

Paysign (PAYS) $3.75M Shareholder Settlement

It is still possible to file a late claim. The court will decide whether to accept late claims or not.
D. Nevada
Court
2:20-cv-00553
Case number
12 Mar 2019
Class period Start
31 Mar 2020
Class period End
04 Mar 2024
Claim deadline
Paysign (PAYS) agreed to settle $3.75M with investors to end claims over setbacks in Paysign’s internal control over financial reporting.
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.12
Filing date
19 March 2020
Lead Plaintiff Deadline
18 May 2020
Attorneys
Pomerantz LLP
Defendants
Mark Newcomer, Mark Attinger, Daniel Spence
Judge
Hon. Gloria M. Navarro
Administrator
Strategic Claims Services
Settlement agreement date
2023-12-15
Court hearing date
17 April 2024
Exclusion deadline
20 March 2024
Objection deadline
20 March 2024
Hearing deadline
17 April 2024
Trades matching type
FIFO
+$3,750,000
Cash Settlement Amount

Paysign Inc

Paysign, Inc. provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and gove...

    Ticker
    PAYS.US
    ISIN
    US70451A1043
    CIK
    1496443
    Sector
    Technology
    Industry
    Software - Infrastructure
    Country
    USA
    Address
    2615 St. Rose Parkway, Henderson, NV, United States, 89052