Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Paysign, Inc.


March 22, 2020


Federman & Sherwood announces that on March 19, 2020, a class action lawsuit was filed in the United States District Court for the District of Nevada against Paysign, Inc. (NASDAQ: PAYS). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is March 12, 2019 through Marc...

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