The Law Offices of Timothy L. Miles Announces That it Is Investigating Paypal Holdings, Inc. on Behalf of Shareholders

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Nationally Recognized Shareholder Rights Attorney Timothy L. MIles Receives 2022 AV Preeminent Recognition

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Nationally Recognized Shareholder Rights Attorney Timothy L. MIles Recognized as a Top Rated Lawyers In Tennessee (2020)

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Nationally Recognized Shareholder Rights Attorney Timothy L. MIles to Be Featured in the Upcoming Eddition of the Top 100 Lawyers Magazine

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Shareholder Rights Attorney Timothy L. Miles

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Paypal Holdings, Inc. (NASDAQ:PYPL)

Long-term holders of PayPay stock are urged to contact us for a free, no-obligation, case evaluation”
— Timothy L. Miles
HENDERSONVILLE, TN, UNITED STATES, February 26, 2022 /EINPresswire.com/ -- The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 20 years, announces that it is investigating Paypal Holdings, Inc. (NASDAQ: PYPL) to determine whether certain PayPal officers and directors breached their fiduciary duties to the Company after the filing of an amended complaint in the class action lawsuit, Kang v. PayPal Holdings, Inc., Case No. 21-cv-06468 which is pending in the Northern District of California and is assigned to Judge Charles R. Breyer.

If you suffered a losses due to PayPal 's misconduct and are a long-time holder, click here.

Paypal Misled Shareholders About its Business Prospects

The complaint alleged that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) PayPal had deficient disclosure controls and procedures; (ii) as a result, PayPal’s business practices with respect to PayPal Credit remained non-compliant with applicable laws and/or regulations; (iii) PayPal’s practices regarding payment of interchange rates related to its debit cards were likewise non-compliant with applicable laws and/or regulations; (iv) accordingly, PayPal’s revenues derived from its PayPal Credit and debit card practices were in part the subject of improper conduct and thus unsustainable; (v) all the foregoing subjected the Company to an increased risk of regulatory investigation and enforcement; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Long-term Paypal Investors Urged to Contact the Firm

If you are a long-term stockholder of Paypal, have information, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Timothy L. Miles, Esquire, Toll-Free at 855-846-6529, or by email to tmiles@timmileslaw.com or just click here.

About Timothy L. Miles


Timothy L. Miles is a nationally recognized shareholder rights attorney from Nashville, Tennessee who was recently featured in The Top 100 Lawyers Magazine. Earlier this year, Mr. Miles was recognized as a 2021 Top Ranked Lawyer; 2021 Top Rated Litigator; and a 2021 Elite Lawyer of The South by Martindale-Hubbell® and ALM, his third consecutive year to receive each award. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019). Awards: Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2021); Top Rated Lawyer by Martindale-Hubbell® and ALM (2019-2021); Elite Lawyer of The South by Martindale-Hubbell® and ALM (2019-2021); Member of the Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association (2017-2021); AV® Preeminent™ Rating by Martindale-Hubble® (2014-2021); PRR AV Preeminent Rating on Lawyers.com (2018-2021); The Top-Rated Lawyer in Litigation™ for Ethical Standards and Legal Ability (Martindale-Hubble® 2015); Lifetime Achievement Award by Premier Lawyers of America (2019); Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019-2021); Superb Rated Attorney (Avvo); Avvo Top Rated Lawyer for (Avvo 2017-2020). Mr. Miles has authored numerous publications advocating for shareholdings including most recently: Free Portfolio Monitoring Services Offered by Plaintiff Securities Firms Provides Significant Benefits to Investors (Timothy L. Miles, Dec. 3, 2019).


Contact:
Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
141 Saundersville Road, #2202
Hendersonville, TN 37075
Telephone: (855-846-6529)
Email: tmiles@timmileslaw.com
Website: www.classactionlawyertn.com

Leading the Fight to Protect Shareholder Rights for Over 20 Years

Timothy Lee. Miles
Law Offices Of Timothy L. Miles
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