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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 CET

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 [email protected] 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 2017 12 978 M
EBIT 2017 2 718 M
Net income 2017 1 724 M
Finance 2017 4 807 M
Yield 2017 -
P/E ratio 2017 56,53
P/E ratio 2018 48,64
EV / Sales 2017 7,27x
EV / Sales 2018 5,93x
Capitalization 99 122 M
Chart PAYPAL HOLDINGS
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PayPal Holdings Technical Analysis Chart | PYPL | US70450Y1038 | 4-Traders
Technical analysis trends PAYPAL HOLDINGS
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 47
Average target price 82,2 $
Spread / Average Target -0,39%
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 Chief Financial Officer & Executive Vice President
Sri Shivananda Chief Technology Officer & Senior Vice President
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