Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

PayPal Holdings, Inc. (PYPL) Class Action Lawsuit (August 2021)

Closed

3:21cv6468 • August 20, 2021

Class Period Start

April 27, 2016

Class Period End

July 28, 2021

PSLRA Deadline

October 19, 2021

Case Allegations

10b5

Statutes of Repose

Apr 27, 2019

Country

United States

Court

Federal Court

Docket History

May 29, 2023

No Appeal- Closed

Apr 27, 2023

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Nov 3, 2022

Motion to Dismiss

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.

Sep 29, 2022

Scheduling Order

Sep 16, 2022

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in PayPal Holdings, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Aug 8, 2022

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Apr 18, 2022

Motion to Dismiss

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 25, 2022

First Amended Complaint

A new complaint has been filed on behalf of certain investors in PayPal Holdings, Inc.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jan 3, 2022

Scheduling Order

Nov 2, 2021

Appointment of Lead Plaintiff

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.

Aug 20, 2021

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in PayPal Holdings, Inc..

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