NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of PaySign, Inc. (NASDAQ: PAYS) resulting from allegations that PaySign may have issued materially misleading business information to the investing public.
On March 16, 2020 PaySign announced that would be unable to file its annual financial report with the U.S. Securities and Exchange Commission in a timely fashion due to an ongoing audit. According to PaySign, it has identified material weaknesses tied to its assessment of internal controls over financial reporting and information technology.
On this news, the Company’s stock price fell sharply during intraday trading on March 16, 2020, injuring investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by PaySign investors. If you purchased shares of PaySign please visit the firm’s website at http://www.rosenlegal.com/cases-register-1811.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827