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LOS ANGELES, April 04, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Global Payments, Inc.. (NYSE: GPN ) investors that a lawsuit filed on behalf of investors that purchased securities of Global Payments (NYSE: GPN ) between October 31, 2019 and October 18, 2022,, both dates inclusive.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The lawsuit alleges that throughout the Class Period, the defendants made false or misleading statements, or omitted material information, including that Active Network used deceptive practices to trick customers into joining its discount club, that Active Network and Global Payments were aware of the unauthorized conduct and its violation of regulations, that Global Payments failed to properly monitor and detect the misconduct and compensate harmed consumers, that the Company was exposed to a foreseeable risk of regulatory scrutiny, that Global Payments' revenues were partially a result of Active Network's unlawful conduct, and that the Company's public statements were materially false and misleading. The lawsuit claims that investors suffered losses when the true details were revealed.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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