2:20cv553 • March 19, 2020
Class Period Start
March 11, 2019
Class Period End
June 29, 2020
PSLRA Deadline
May 18, 2020
Case Allegations
10b5
Statutes of Repose
Mar 11, 2022
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
March 4, 2024
Settlement Fund
$3,750,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or acquired the common stock of Paysign, Inc. during the period between March 12, 2019, and March 31, 2020, both dates inclusive.
Claim Administrator
Strategic Claims Services
Paysign, Inc. Securities Litigation
c/o Strategic Claims Services
P.O. Box 230
600 N. Jackson Street, Suite 205
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://www.strategicclaims.net/paysign/Hearing Date
April 17, 2024
Opt-out Deadline
March 20, 2024
Settlement Note
Download hereProof Of Claim
Download here
Sep 23, 2024
The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.
Apr 18, 2024
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Jan 4, 2024
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Jan 4, 2024
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
Dec 15, 2023
Feb 9, 2023
Motion to Dismiss Denied in Part
The court has determined that plaintiffs have adequately alleged some of their claims, but have failed to adequately allege other claims. The judge has therefore denied in part the motion to dismiss filed by defendants and written an order stating which claims are dismissed and which remain. The case will proceed and parties will litigate the remaining claims.
Mar 15, 2021
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Jan 12, 2021
A new complaint has been filed on behalf of certain investors in Paysign, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Dec 2, 2020
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Apr 2, 2020
Mar 25, 2020
A securities fraud class action complaint has been filed on behalf of certain investors in Paysign, Inc..
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