NYSE:FOUR Investor Notice: Deadline on October 19, 2023 in Lawsuit Against Shift4 Payments, Inc. Coming Up
A Deadline is coming up on October 19, 2023 in the lawsuit for certain investors in Shift4 Payments, Inc. (NYSE:FOUR).
San Diego, CA -- (SBWire) -- 10/17/2023 --The Shareholders Foundation announced that a deadline is coming up on October 19, 2023 in the lawsuit filed for certain investors of Shift4 Payments, Inc. (NYSE: FOUR).
Investors who purchased shares of Shift4 Payments, Inc. (NYSE: FOUR) have certain options and there are strict and short deadlines running. Deadline: October 19, 2023. NYSE: FOUR stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Shift4 Payments, Inc. (NYSE: FOUR) common shares between November 10, 2021 and April 18, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 10, 2021 and April 18, 2023, the Defendants made false and/or misleading statements and/or failed to disclose that Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting, that as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities, that accordingly, Shift4 would likely be forced to restate one or more of its previously issued financial statements, that Shift4 employed accounting maneuvers in connection with, among other things, its mass strategic buyout program and sponsor bank merchant settlement account, that were designed to present an inaccurate picture of, inter alia, the Company's performance, its underlying business quality, and its earnings power, that all the foregoing, once revealed, was likely to negatively impact Shift4's reputation and business, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Shift4 Payments, Inc. (NYSE: FOUR) 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.
Media Relations Contact
Michael Daniels
Shareholders Foundation, Inc.
1-858-779-1554
http://www.ShareholdersFoundation.com
View this press release online at: http://rwire.com/1379238