Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Global Payments Inc    GPN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Global Payments Inc. : Robbins Umeda LLP Announces an Investigation of Global Payments Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/10/2012 | 10:20pm CET

Shareholder rights firm Robbins Umeda LLP is investigating possible breaches of fiduciary duty and other violations of the law by certain officers and directors at Global Payments Inc. (NYSE: GPN). Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Gregory E. Del Gaizo at (800) 350-6003, info@robbinsumeda.com, or via the shareholder information form on the firm's website.

Robbins Umeda LLP is investigating whether officers and directors of Global Payments, a credit card transaction processing company, breached their fiduciary duties to shareholders by failing to maintain adequate data security systems and by making improper statements about the company's business and security infrastructure.

On March 30, 2012, Global Payments reported a significant security breach in which account numbers and other key information was stolen from up to 1.5 million accounts. Two days later, the company further reported that the thieves had stolen card account numbers, expiration dates, and security codes, and had been able to export the data, which can have more serious implications than if hackers are just able to view the information.

In response to the data breach, Visa rescinded its seal of approval from Global Payments and removed the company from its list of "compliant service providers." Upon these announcements, the Company's value fell from $52.23 per share on March 29, 2012, to close at $45.74 per share on April 2, 2012, a decline of over 12%.

Robbins Umeda LLP is a nationally recognized leader in securities litigation and shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to http://www.robbinsumeda.com.

Press release link: http://www.robbinsumeda.com/shareholders-rights-blog/global-payments-inc/

Attorney Advertising. Past results do not guarantee a similar outcome.

Robbins Umeda LLP
Gregory E. Del Gaizo
(619) 525-3990 or Toll Free (800) 350-6003
Info@robbinsumeda.com
www.robbinsumeda.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GLOBAL PAYMENTS INC
11/14 GLOBAL PAYMENTS : and American Express Announce Agreement for Processing and Ser..
11/09 GLOBAL PAYMENTS : Announces Support for Apple Pay in PARKnSHOP
11/08 GLOBAL PAYMENTS INC : ex-dividend day
11/03 GLOBAL PAYMENTS : to Participate in Upcoming Investor Conferences
11/01 GLOBAL PAYMENTS INC : Entry into a Material Definitive Agreement, Creation of a ..
11/01 GLOBAL PAYMENTS : Refinances Debt Facilities
10/29 GLOBAL PAYMENTS : Selected as Better Business Bureaus Payment Technology Provide..
10/27 GLOBAL PAYMENTS : Selected as Better Business Bureau’s Payment Technology ..
10/19 GLOBAL PAYMENTS : Announces Full Support for Android Pay in Hong Kong
10/13 BUYINS.NET : GPN, JBN, IPHI Are Seasonally Ripe To Go Up In the Next Five Weeks
More news
Sector news : Transaction & Payment Services
12/03 WESTERN UNION : Money transfer firm WorldRemit eyes new markets, growth
12/02 Trump creates business advisory council stacked with CEOs
12/01DJVISA : Card Companies Give Gas Stations Three Extra Years to Install Chip Techno..
12/01DJVISA : Gives Gas Stations Three Extra Years to Install Chip-Card Equipment
12/01DJCARLYLE LP : to Sell Remaining Stake in Booz Allen
More sector news : Transaction & Payment Services
News from SeekingAlpha
11/30 Global Payments - The Coming Of Apple Blossom Time
11/15 Large-cap movers showing heavy relative volume
10/19 The Market Is Overly Bearish On First Data And The Stock Could Rise 50%
10/05 Global Payments' (GPN) CEO Jeff Sloan on Q1 2017 Results - Earnings Call Tran..
10/05 Global Payments declares $0.01 dividend
Advertisement
Financials ($)
Sales 2017 3 272 M
EBIT 2017 921 M
Net income 2017 362 M
Debt 2017 -
Yield 2017 0,06%
P/E ratio 2017 31,38
P/E ratio 2018 23,77
Capi. / Sales 2017 3,20x
Capi. / Sales 2018 2,98x
Capitalization 10 471 M
More Financials
Chart GLOBAL PAYMENTS INC
Duration : Period :
Global Payments Inc Technical Analysis Chart | GPN | US37940X1028 | 4-Traders
Full-screen chart
Technical analysis trends GLOBAL PAYMENTS INC
Short TermMid-TermLong Term
TrendsBearishBearishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 84,8 $
Spread / Average Target 24%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jeffrey Steven Sloan Chief Executive Officer & Director
David E. Mangum President & Chief Operating Officer
William I. Jacobs Chairman
Cameron M. Bready Chief Financial Officer & Executive Vice President
Guido Francesco Sacchi Chief Information Officer & Executive VP
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
GLOBAL PAYMENTS INC5.61%10 471
MASTERCARD INC2.90%110 160
FISERV INC13.02%22 437
FLEETCOR TECHNOLOGIES,..1.80%13 501
FIRST DATA CORP-11.17%13 118
THE WESTERN UNION COMP..15.80%9 925
More Results