PayPal offices in Timonium, MD. Photo: Diego M. Radzinschi/ALM Shareholder Says PayPal Oversold Its Growth With Bots Cashing In
PayPal's cash incentive promotions throughout 2021 were linked to the creation of 4.5 million illegitimate accounts, the complaint said.
November 03, 2022 at 04:57 PM
2 minute read
Securities Litigation
A shareholder claims in a federal District of Delaware complaint filed Wednesday that PayPal Holdings Inc. misled investors by including millions of inactive bot accounts in its projections for revenue growth.
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