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Class Action Cases

A class action has been filed on behalf of PAYS Investors. Click "Join this Class Action" above.

Attorneys

PaySign, Inc.

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Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of PaySign, Inc. (NASDAQ: PAYS) from March 12, 2019 through March 15, 2020 (the “Class Period”). The lawsuit seeks to recover damages for PaySign, Inc. investors under the federal securities laws.

If you bought PaySign, Inc. securities between March 12, 2019 through March 15, 2019, and would like to join the action, please click “Join This Class Action,” above.

Press Release

SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against PaySign, Inc. – PAYS

New York, N.Y., March 25, 2020. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of PaySign, Inc. (NASDAQ: PAYS) between March 12, 2019 and March 15, 2020, inclusive (the “Class Period”).

To join the PAYS class action, go to http://zhanginvestorlaw.com/cases/paysign-inc/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.  YOU NEED NOT BE LEAD PLAINTIFF TO SECURE COMPENSATION.

According to the lawsuit, throughout the Class Period (1) Paysign’s internal control over financial reporting was not effective; (2) Paysign’s information technology general controls were not effective; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 18, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/paysign-inc/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at info@zhanginvestorlaw.com.

Zhang Investor Law represents investors worldwide.