Paysign proposes settlement of four derivative actions; court hearing set for Nov 14, 2025

Paysign, Inc.

Settlement resolves four stockholder derivative actions alleging violations of Exchange Act and fiduciary duties.
Company will implement corporate governance reforms; no admission of fault or wrongdoing.
Final approval hearing scheduled for November 14, 2025 before Judge Boulware in Nevada federal court.
Defendants' insurers to pay $607,500 for attorneys' fees and expenses, subject to court approval.
Settlement requires dismissal of all actions with prejudice; releases all claims against named individuals.

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