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PayPal Holdings, Inc. (PYPL) Information Request Form

Levi & Korsinsky announces the commencement of a class action lawsuit in the USDC for the Northern District of California on behalf of all persons or entities who (1) purchased or otherwise acquired eBay, Inc. (NASDAQ: EBAY) securities on the open market on or after December 19, 2013 and subsequently received PayPal Holdings, Inc. (NASDAQ: PYPL) securities pursuant to eBay’s spin-off of PayPal, effective as of July 17, 2015; and/or (2) purchased or otherwise acquired PayPal securities on the open market between July 20, 2015 and April 28, 2016.

The complaint alleges that during the class period PayPal failed to disclose that its Venmo service was engaged in unfair trade practices, which were likely to subject the Company to increased regulatory scrutiny and/or affect the profitability of PayPal’s Venmo service.

On March 28, 2016, PayPal received a civil investigative demand from the Federal Trade Commission, seeking documents related to Venmo’s potential unfair trade practices.

If you suffered a loss in PayPal you have until February 27, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

To receive more information, please fill out the form.

Request More Information

Levi & Korsinsky, LLP does not share your information with others. There is no cost or obligation for you to submit.

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

This letter confirms that you have retained Levi & Korsinsky, LLP to represent you as a named plaintiff in a shareholder action involving PayPal Holdings, Inc.

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys' fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys' fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the client you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case or opt-out. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other PayPal Holdings, Inc. shareholders.

Sincerely,

Levi & Korsinsky,LLP

Joseph Levi

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