NEW YORK CITY, NY / ACCESS Newswire / March 12, 2026 / (ACCESSWIRE)-If you have suffered a loss on your PayPal Holdings, Inc. ("PayPal" or the "Company") (NASDAQ:PYPL) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.
Investors have until April 20, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions.
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is The Lawsuit About?
The lawsuit has been filed on behalf of investors who purchased securities during the period of February 25, 2025 through February 2, 2026, inclusive ("the Class Period"). The lawsuit alleges that throughout the Class Period the Company created the false impression that they possessed reliable information pertaining to PayPal’s projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations. In truth, PayPal’s optimistic plan for growth through various initiatives to bolster PayPal’s Branded Checkout offerings fell short of reality as the 2027 targets were not achievable under the tenure of defendant James Alexander Chriss ("Chriss") as CEO; they required both an unrealistically stable consumer landscape and strong execution with clear direction from PayPal and its management.
On February 3, 2026, PayPal announced its financial results for the fourth quarter and full fiscal year 2025, disclosing disappointing earnings results with worsening performance in Branded Checkout and the withdrawal of its 2027 financial targets provided one year before. PayPal allegedly attributed its results and lowered guidance to a combination of macroeconomic factors, competition, and "‘operational and deployment issues’ across all regions." PayPal also revealed the transition of its CEO Chriss.
On the same day, the Company issued a second press release, announcing the appointment of "Enrique Lores as President and CEO, … succeeding Alex Chriss." The release noted that "while some progress has been made in a number of areas over the last two years, the pace of change and execution was not in line with the Board’s expectations." Interim CEO Jamie Miller also stated that "we were too optimistic about how quickly we could drive change and customer adoption across a massive global user base." On these news, the price of PayPal shares declined by $10.63 per share, or approximately 20.32%, from $52.33 per share on February 2, 2026 to close at $41.70 on February 3, 2026.
[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]
What Should I Do?
If you purchased or otherwise acquired PayPal securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
[WHAT IS A SECURITIES CLASS ACTION?]
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
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Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com
SOURCE: Kirby McInerney LLP
View the original press release on ACCESS Newswire
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