San Diego, CA -- (SBWIRE) -- 05/22/2023 -- Certain directors of Global Payments Inc. are under investigation concerning potential breaches of fiduciary duties.

Investors who are current long term investors in Global Payments Inc. (NYSE: GPN) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: GPN stocks follows a lawsuit filed against Global Payments Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: GPN stocks, concerns whether certain Global Payments Inc. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of Georgia the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that Active Network used deceptive and abusive acts and practices to dupe its customers into enrolling into Active Network's own discount club, that since July 2011, Active Network, and by extension, Global Payments, was aware of such unauthorized conduct and that it was violating relevant regulations and laws aimed at protecting its consumers, that since 2011, Global Payments failed to properly monitor its subsidiary from engaging in such unlawful conduct, detect and stop the misconduct, and identify and remediate harmed consumers, that all the foregoing subjected the Company to a foreseeable risk of heightened regulatory scrutiny or investigation, that Global Payments' revenues were in part the product of Active Network's unlawful conduct and thus unsustainable, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Global Payments Inc. (NYSE: GPN) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.