Hagens Berman Files Securities Class Action Against PayPal Over 'Branded Checkout' Claims

Plaintiffs contend PayPal’s public assurances masked operational gaps that undercut growth targets.

Overview

Goodman v. PayPal Holdings, Inc., No. 26-cv-01381, was filed in the U.S. District Court for the Northern District of California.
The proposed class covers purchasers of PayPal common stock from Feb. 25, 2025 through Feb. 2, 2026.
The complaint alleges PayPal overstated progress in Branded Checkout and sales execution as competition from Apple Pay intensified.
On Feb. 3, 2026, PayPal announced CEO Alex Chriss’s departure, withdrew 2027 targets, and acknowledged execution shortfalls in Branded Checkout.
Shares fell from $52.33 to $41.70 that day, wiping out more than $10 billion in value, and investors have until April 20, 2026 to seek lead‑plaintiff status.