LOS ANGELES--(EON: Enhanced Online News)--Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against PayPal Holdings Inc. (“PayPal” or the “Company”) (Nasdaq: PYPL) concerning possible violations of federal securities laws.
To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at firstname.lastname@example.org.
On April 28, 2016, PayPal put out a release disclosing a civil investigative demand on March 28, 2016 from the Federal Trade Commission, asking for documents from the Company's Venmo peer-to-peer payment service due to allegations of unfair trade practices.
When this news was disclosed to the public, PayPal's share price fell 2.22%, to close at $39.18 on April 29, 2016, causing investors harm.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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