securities litigation partner james josh wilson encourages investors who suffered losses exceeding 100000 in global payments to contact him directly to discuss their options new york new yorknewsfile corp  february 14 2023  faruqi  faruqi llp a leading national securities law firm is investigating potential claims against global payments inc global payments or the company gpn and reminds investors of the april 7 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the company if you suffered losses exceeding 100000 investing in global payments stock or options between october 31 2019 and october 18 2022 and would like to discuss your legal rights call faruqi  faruqi partner josh wilson directly at 8772474292 or 2129839330 ext 1310 you may also click here for additional information wwwfaruqilawcomgpn there is no cost or obligation to you faruqi  faruqi is a leading minority and womanowned national securities law firm with offices in new york pennsylvania california and georgia as detailed below the lawsuit focuses on whether the company and its executives violated federal securities laws by making false andor misleading statements andor failing to disclose that 1 active network used deceptive and abusive acts and practices to dupe its customers into enrolling in active networks discount club 2 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 3 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 4 all the foregoing subjected the company to a foreseeable risk of heightened regulatory scrutiny or investigation 5 global payments revenues were in part the product of active networks unlawful conduct and thus unsustainable and 6 as a result the companys public statements were materially false and misleading at all relevant times the courtappointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class any member of the putative class may move the court to serve as lead plaintiff through counsel of their choice or may choose to do nothing and remain an absent class member your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not faruqi  faruqi llp also encourages anyone with information regarding global paymentss conduct to contact the firm including whistleblowers former employees shareholders and others attorney advertising the law firm responsible for this advertisement is faruqi  faruqi llp wwwfaruqilawcom prior results do not guarantee or predict a similar outcome with respect to any future matter we welcome the opportunity to discuss your particular case all communications will be treated in a confidential manner to view the source version of this press release please visit httpswwwnewsfilecorpcomrelease154787