{"id":787142,"date":"2023-09-29T13:06:01","date_gmt":"2023-09-29T17:06:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-levi-korsinsky-notifies-shift4-payments-inc-four-investors-of-a-class-action-lawsuit-and-upcoming-deadline-5\/"},"modified":"2023-09-29T13:06:01","modified_gmt":"2023-09-29T17:06:01","slug":"shareholder-alert-levi-korsinsky-notifies-shift4-payments-inc-four-investors-of-a-class-action-lawsuit-and-upcoming-deadline-5","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-levi-korsinsky-notifies-shift4-payments-inc-four-investors-of-a-class-action-lawsuit-and-upcoming-deadline-5\/","title":{"rendered":"SHAREHOLDER ALERT: Levi &amp;\u00a0Korsinsky Notifies Shift4 Payments, Inc. (FOUR)\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Sept.  29, 2023  (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in <strong>Shift4 Payments, Inc.<\/strong> (&#8220;Shift4&#8221; or the &#8220;Company&#8221;) (NYSE: FOUR) of a class action securities lawsuit.<\/p>\n<p>\n        <strong>CLASS DEFINITION: <\/strong>The lawsuit seeks to recover losses on behalf of Shift4 investors who were adversely affected by alleged securities fraud between November 10, 2021 and April 18, 2023. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/zlk.com\/pslra-1\/shift4-lawsuit-submission-form?prid=49870&amp;wire=3\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/zlk.com\/pslra-1\/shift4-lawsuit-submission-form?prid=49870&amp;wire=3<\/a>\n      <\/p>\n<p>\n        <strong>FOUR<\/strong> investors may also contact Joseph E. Levi, Esq. via email at\u00a0<a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow noopener\" target=\"_blank\">jlevi@levikorsinsky.com<\/a>\u00a0or by telephone at (212) 363-7500.<\/p>\n<p>\n        <strong>CASE DETAILS: <\/strong>The filed complaint alleges that defendants made false statements and\/or concealed that: (i) Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities; (iii) accordingly, Shift4 would likely be forced to restate one or more of its previously issued financial statements; (iv) Shift4 employed accounting maneuvers in connection with, among other things, its mass strategic buyout program and sponsor bank merchant settlement account, that were designed to present an inaccurate picture of, inter alia, the Company\u2019s performance, its underlying business quality, and its earnings power; (v) all the foregoing, once revealed, was likely to negatively impact Shift4\u2019s reputation and business; and (vi) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n<p>\n        <strong>WHAT&#8217;S NEXT? <\/strong>If you suffered a loss in Shift4 during the relevant time frame, you have until <strong>October 19, 2023<\/strong>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn&#8217;t require that you serve as a lead plaintiff.<\/p>\n<p>\n        <strong>NO COST TO YOU: <\/strong>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. <strong>There is no cost or obligation to participate.<\/strong><\/p>\n<p>\n        <strong>WHY LEVI &amp; KORSINSKY: <\/strong>Over the past 20 years, the team at Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services\u2019 Top 50 Report as one of the top securities litigation firms in the United States.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>Levi &amp; Korsinsky, LLP <br \/>Joseph E. Levi, Esq.<br \/>Ed Korsinsky, Esq.<br \/>33 Whitehall Street, 17th Floor<br \/>New York, NY 10004<br \/><a href=\"mailto:jlevi@levikorsinsky.com\" rel=\"nofollow noopener\" target=\"_blank\">jlevi@levikorsinsky.com<\/a><br \/>Tel: (212) 363-7500<br \/>Fax: (212) 363-7171<br \/><a href=\"http:\/\/www.zlk.com\" rel=\"nofollow noopener\" target=\"_blank\">www.zlk.com<\/a><\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkzMDcwMSM1ODM4NzM1IzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/OGQzMGFlNDMtZTk4Yi00MzA1LWI4N2MtMjI4MTgxYzgwYTE4LTEwMzIyOTM=\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Sept. 29, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in Shift4 Payments, Inc. (&#8220;Shift4&#8221; or the &#8220;Company&#8221;) (NYSE: FOUR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Shift4 investors who were adversely affected by alleged securities fraud between November 10, 2021 and April 18, 2023. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/shift4-lawsuit-submission-form?prid=49870&amp;wire=3 FOUR investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) Shift4 had inadequate disclosure controls and procedures and internal control over &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-levi-korsinsky-notifies-shift4-payments-inc-four-investors-of-a-class-action-lawsuit-and-upcoming-deadline-5\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: Levi &amp;\u00a0Korsinsky Notifies Shift4 Payments, Inc. (FOUR)\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-787142","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: Levi &amp;\u00a0Korsinsky Notifies Shift4 Payments, Inc. (FOUR)\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-levi-korsinsky-notifies-shift4-payments-inc-four-investors-of-a-class-action-lawsuit-and-upcoming-deadline-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: Levi &amp;\u00a0Korsinsky Notifies Shift4 Payments, Inc. (FOUR)\u00a0Investors of a Class Action Lawsuit and Upcoming Deadline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Sept. 29, 2023 (GLOBE NEWSWIRE) &#8212; Levi &amp; Korsinsky, LLP notifies investors in Shift4 Payments, Inc. (&#8220;Shift4&#8221; or the &#8220;Company&#8221;) (NYSE: FOUR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Shift4 investors who were adversely affected by alleged securities fraud between November 10, 2021 and April 18, 2023. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/shift4-lawsuit-submission-form?prid=49870&amp;wire=3 FOUR investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) Shift4 had inadequate disclosure controls and procedures and internal control over &hellip; Continue reading &quot;SHAREHOLDER ALERT: Levi &amp;\u00a0Korsinsky Notifies Shift4 Payments, Inc. 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CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Shift4 investors who were adversely affected by alleged securities fraud between November 10, 2021 and April 18, 2023. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/shift4-lawsuit-submission-form?prid=49870&amp;wire=3 FOUR investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and\/or concealed that: (i) Shift4 had inadequate disclosure controls and procedures and internal control over &hellip; Continue reading \"SHAREHOLDER ALERT: Levi &amp;\u00a0Korsinsky Notifies Shift4 Payments, Inc. 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