ACCESSWIRE

PayPal Holdings, Inc. (PYPL) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK, NY / ACCESSWIRE / November 21, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of PayPal Holdings, Inc. ("PayPal" or "the Company") (NASDAQ:PYPL). Investors who purchased PayPal securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/pypl.

The investigation concerns whether PayPal has violated federal securities laws.

Investigation Details:

On November 2, 2023, PayPal disclosed in a Quarterly Report filed with the United States Securities and Exchange Commission ("SEC") that, on November 1, 2023, the Company had received a subpoena from the SEC's Division of Enforcement relating to PayPal's USD stablecoin, a cryptocurrency purportedly backed by secure and highly liquid assets. PayPal stated that the subpoena requested the production of documents and that the Company was cooperating with the SEC in connection with the request. On this news, PayPal's stock price fell sharply during intraday trading on November 2, 2023, damaging investors.

What's Next?

If you are aware of any facts relating to this investigation or purchased PayPal securities, you can assist this investigation by visiting the firm's site: bgandg.com/pypl. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC



View source version on accesswire.com:
https://www.accesswire.com/801818/paypal-holdings-inc-pypl-investigation-bronstein-gewirtz-grossman-llc-encourages-investors-to-seek-compensation-for-alleged-wrongdoings

NOTE: This content is not written by or endorsed by "KELO", its advertisers, or Nexstar Media Inc.

For inquiries or corrections to Press Releases, please reach out to Accesswire.