Pomerantz Appointed Co-Lead Counsel in PayPal Securities Litigation

On November 2, 2021, U.S. District Judge Charles R. Breyer of the Northern District of California appointed Pomerantz LLP as Co-Lead Counsel on behalf of Huei-Ting Kang, Co-Lead Plaintiff in Kang v. Paypal Holdings, Inc., 21-cv-6468 (N.D. Cal.), a securities action brought on behalf of a class of defrauded investors concerning allegations that PayPal Holdings, Inc. failed to disclose deficiencies in its PayPal Credit debit and credit card services and the resulting non-compliance of these programs with applicable laws and regulations. PayPal operates as a technology platform and digital payments company…