PayPal Investors Drop Derivative Suit Over SEC, CFPB Probes

PayPal Investors Drop Derivative Suit Over SEC, CFPB Probes <https://www.law360.com/fintech/articles/2316259?nl_pk=31322029-63eb-4d40-acd3-a08313aa07ff&ab_exp_id=nl_subject&ab_exp_var=b&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2025-03-28&read_main=1&nlsidx=0&nlaidx=12> By Sydney Price Shareholders of PayPal voluntarily dismissed their derivative suit against the company's executives and directors accusing them of making false statements about PayPal's practices that allegedly led to federal investigations, saying the dismissal is proper since the defendants were not liable in a similar securities class action filed against them. Order attached | Read full article » <https://www.law360.com/fintech/articles/2316259?nl_pk=31322029-63eb-4d40-acd3-a08313aa07ff&ab_exp_id=nl_subject&ab_exp_var=b&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2025-03-28&read_more=1&nlsidx=0&nlaidx=12> | Save to favorites » <https://www.law360.com/fintech/articles/2316259?nl_pk=31322029-63eb-4d40-acd3-a08313aa07ff&ab_exp_id=nl_subject&ab_exp_var=b&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2025-03-28&read_later=1&nlsidx=0&nlaidx=12>
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Gunnar Larson