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PYPL ALERT: Hagens Berman Alerts PayPal (PYPL) Investors to Securities Class Action Following CEO Ouster and $10B Market Cap Wipeout

prnewswire.com
PYPL The article reports a securities class action lawsuit filed against PayPal following a CEO ouster and withdrawal of financial targets. Allegations include misleading investors about growth and readiness, leading to a significant market cap wipeout. This indicates strong negative sentiment.

PYPL ALERT: Hagens Berman Alerts PayPal (PYPL) Investors to Securities Class Action Following CEO Ouster and $10B Market Cap Wipeout Lawsuit Alleges Management Misled Investors Regarding Branded Checkout Growth and Salesforce Readiness; Firm Reminds Investors of April 20 Lead Plaintiff Deadline

SAN FRANCISCO, March 18, 2026 /PRNewswire/ -- National shareholder rights law firm Hagens Berman is notifying investors that a securities class action lawsuit has been filed against PayPal Holdings, Inc. (NASDAQ: PYPL) and certain of its top executives. The litigation follows a surprise leadership change and the sudden withdrawal of long-term financial targets that had been a cornerstone of the company's growth narrative.

The lawsuit, Goodman v. PayPal Holdings, Inc., et al., No. 26-cv-01381, was filed in the U.S. District Court for the Northern District of California. The action seeks to recover losses for all persons and entities who purchased or otherwise acquired PayPal common stock during the Class Period: February 25, 2025, through February 2, 2026, inclusive.

SUBMIT YOUR PYPL LOSSES TO HBSS NOW.

Investors in PayPal (PYPL) are encouraged to visit the Hagens Berman PYPL Case Page to review the complaint's allegations: www.hbsslaw.com/cases/paypal

"The PayPal complaint alleges a significant disconnect between the company's public optimism and its internal operational reality," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the alleged claims in the pending litigation.

Summary of PYPL Class Action Allegations: The "Branded Checkout" Deception

The complaint alleges that throughout the Class Period, Defendants violated federal securities laws.

Critical Deadline: April 20, 2026

If you purchased PayPal common stock during the Class Period (Feb. 25, 2025 – Feb. 2, 2026), you have until April 20, 2026, to ask the Court to appoint you as Lead Plaintiff.

If you'd like more information and answers to frequently asked questions about the PayPal case and the firm's investigation, read more »

Whistleblowers: Persons with non-public information regarding PayPal should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman

Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

SOURCE Hagens Berman Sobol Shapiro LLP