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MarketScreener Homepage  >  Equities  >  Nasdaq  >  PayPal Holdings    PYPL

PAYPAL HOLDINGS (PYPL)
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Levi & Korsinsky, LLP Reminds Shareholders of PayPal Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 5, 2018

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01/03/2018 | 09:00pm CEST

The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of PayPal Holdings, Inc. ("PayPal") (NASDAQ: PYPL) between February 14, 2017 and December 1, 2017. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. To get more information go to:

http://www.zlk.com/plsra-c/paypal-holdings-inc-2?wire=2

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) TIO's data security program was inadequate to safeguard the personally identifiable information of its users; (2) the vulnerabilities threatened continued operation of TIO's platform; (3) PayPal’s revenues derived from its TIO services were thus unsustainable; (4) consequently, PayPal had overstated the benefits of the TIO Acquisition; and (5) as a result, PayPal’s public statements were materially false and misleading at all relevant times. On November 10, 2017, PayPal suspended its TIO services, pending a security review, stating that it had discovered security vulnerabilities on the TIO platform and that the TIO data security program did not meet PayPal’s standards. Then on December 1, 2017, PayPal disclosed that personal information for roughly 1.6 million TIO users had potentially been compromised as a result of the previously announced security vulnerabilities.

If you suffered a loss in PayPal you have until February 5, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.


© Business Wire 2018
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Financials ($)
Sales 2018 15 426 M
EBIT 2018 3 351 M
Net income 2018 1 893 M
Finance 2018 7 736 M
Yield 2018 -
P/E ratio 2018 49,19
P/E ratio 2019 38,07
EV / Sales 2018 5,56x
EV / Sales 2019 4,61x
Capitalization 93 546 M
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Technical analysis trends PAYPAL HOLDINGS
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 45
Average target price 96,8 $
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Daniel H. Schulman President, Chief Executive Officer & Director
John J. Donahoe Chairman
William J. Ready Chief Operating Officer & Executive Vice President
John D. Rainey CFO & EVP-Global Customer Operations
Sri Shivananda Chief Technology Officer & Senior Vice President
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