Law firms filed securities class action lawsuits against PayPal. The suits represent investors who purchased shares between February 25, 2025, and February 2, 2026. Firms seek a lead plaintiff by the April 20, 2026 deadline.
The lawsuits allege PayPal issued false and misleading statements regarding 2027 financial targets. The claims also cite misleading statements about the Branded Checkout segment's growth trajectory.
The litigation follows a February 3, 2026 announcement. PayPal reported disappointing earnings and withdrew its 2027 guidance. The company's stock price declined following the news.