Court approves $3.75M settlement of Paysign securities class action; claims dismissed

Paysign, Inc.

U.S. District Court for Nevada granted final approval of settlement on April 17, 2024.
All claims against Paysign and current/former directors and officers dismissed with prejudice.
Settlement payment of $3.75 million funded entirely from directors-and-officers insurance policy.
Litigation was previously disclosed in Paysign's March 27, 2024 Form 10-K.

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