NEW YORK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C. is investigating claims of violations of federal securities laws on behalf of investors of Global Payments, Inc. (“Global Payments”) (NYSE: GPN).

The investigation concerns whether Global Payments and certain of its officers and directors have engaged in violation of securities laws and/or other business practices.

On October 18, 2022, the Consumer Financial Protection Bureau (“CFPB”) filed a lawsuit against Active Network LLC, a payment processor owned by Global Payments, for deploying deceptive tactics with respect to its enrollment processes.

On this news, the price of Global Payment’s shares fell precipitously.

If you suffered loss in Global Payments and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys at (914) 733-7256 or via email at agreco@lowey.com or afarah@lowey.com. 

Whistleblowers: Persons with non-public information regarding Global Payments should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

Contact

Lowey Dannenberg P.C.
44 South Broadway, Suite 1100 
White Plains, NY 10601
Tel: (914) 733-7256
Email: agreco@lowey.com
afarah@lowey.com