Law firm files class-action lawsuit against Paysafe

A Los Angeles-based law firm is pursuing legal action against Paysafe over alleged securities fraud. Glancy, Prongay & Murray filed a class-action lawsuit against the online payments company on behalf of investors. In its complaint, which was filed in the US District Court for the Southern District of New York on 10 December, the law firm accuses Paysafe of making “materially false and/or misleading statements,” as well as f...