Plaintiff Firms Seek PayPal Investors to Lead Securities Class Action Before April 20 Deadline

Overview

• A securities class action captioned Darcy v. PayPal Holdings, Inc. has been filed in the Northern District of California alleging violations of Sections 10(b) and 20(a) and SEC Rule 10b-5.
• The asserted class period runs from February 25, 2025 through February 2, 2026, and investors have until April 20, 2026 to seek appointment as lead plaintiff.
• The complaint claims PayPal made false or misleading statements about its revenue outlook and Branded Checkout growth despite salesforce and execution problems.
• Plaintiffs link investor losses to PayPal’s February 3, 2026 disclosure of disappointing Q4 and FY2025 results, the withdrawal of 2027 targets, and a CEO transition, followed by a stock drop of more than 20% according to the filing.
• Robbins Geller, The Schall Law Firm, and DJS Law Group have issued notices inviting investors to discuss lead-plaintiff roles, and the class has not been certified.