SEZL

Sezzle Provides Update on Antitrust Case Against Shopify

Sezzle's Antitrust Lawsuit Against Shopify Allowed to Proceed

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  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;link type=&quot;text/css&quot; rel=&quot;stylesheet&quot; href=&quot;https://www.globenewswire.com/styles/gnw_nitf.css&quot;&gt;&lt;/li...</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Sezzle&#039;s antitrust lawsuit against Shopify has received a court ruling allowing core claims to continue, which is significant for its competitive standing in the marketplace. While some claims were dismissed, the remaining legal challenges could enhance Sezzle&#039;s position in the fintech sector if successful. This development may improve investor sentiment in the near term.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Sezzle&#039;s antitrust case against Shopify allowed to proceed partially.</li><li>Court permits claims for monopolization and unlawful trade restraint.</li><li>Unlawful tying claim dismissed without prejudice, but core claims intact.</li><li>No finding of liability against Shopify at this point.</li><li>Investor sentiment may improve with resolution of ongoing litigation.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Shopify, Inc. (SHOP)</strong>: Shopify faces ongoing litigation, which could affect its market competitiveness.</li></ul>
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  <section data-block="category">
    <h3>Legal</h3>
    <p>This falls under &#039;Legal&#039; due to the antitrust litigation driving market sentiment and affecting competitive dynamics in the fintech space. Legal challenges can heavily influence stock performance and investor confidence.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Successful continuation of Sezzle&#039;s lawsuit could enhance its market position.</li><li>Investor sentiment could shift positively with favorable litigation outcomes.</li><li>Dismissing parts of the case may reduce perceived legal risk for Shopify.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Court ruling issued on May 12, 2026.</li><li>Sezzle&#039;s claims include monopolization under the Sherman Act.</li><li>Court dismissed unlawful tying claims without prejudice.</li><li>Case number: 25-cv-2395, District Court of Minnesota.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>SEZL may experience positive price movement in the short-term as legal clarity unfolds.</p>
  </section>
</section>


<article>
    <header>
        <h1>Sezzle Inc. Provides Update on Antitrust Case Against Shopify</h1>
        <p>Minneapolis, MN, May 12, 2026 (GLOBE NEWSWIRE) -- <strong>Sezzle Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/quote/SEZL">SEZL</a>)</strong> announced significant developments regarding its antitrust litigation against Shopify, Inc., as the U.S. District Court for the District of Minnesota delivers its ruling on the matter.</p>
    </header>
    
    <section>
        <h2>Court Ruling Allows Core Claims to Proceed</h2>
        <p>Following its examination of <strong>Sezzle's</strong> case, the court has permitted several key claims to advance. These include allegations of monopolization and attempted monopolization under <em>Section 2 of the Sherman Act</em>, illegal restraint of trade under <em>Section 1 of the Sherman Act</em>, as well as similar claims under the <strong>Minnesota Antitrust Law of 1971</strong> and the <strong>Minnesota Deceptive Trade Practices Act</strong>.</p>
        <p>However, it's important to note that the court dismissed Sezzle's claim of unlawful tying under <em>Section 1 of the Sherman Act</em> without prejudice. This means that those specific claims can be revisited or reformulated in future proceedings.</p>
    </section>
    
    <section>
        <h2>Context of the Case</h2>
        <p>The ongoing case is officially titled <em>Sezzle, Inc. v. Shopify, Inc.</em>, File No. 25-cv-2395 (ECT/SGE). While the court's ruling marks a procedural victory for Sezzle, it does not imply any liability for Shopify at this stage of the litigation.</p>
        <p>Access to the court's full <a href="https://investors.sezzle.com/resource/sezzle-v-shopify/" rel="nofollow" target="_blank">Opinion and Order</a> is available on Sezzle's Investor Relations website.</p>
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    <section>
        <h2>Impact on Sezzle</h2>
        <p>This ruling reinforces Sezzle's commitment to competing in the digital payment landscape. As a noted player in the "buy-now, pay-later" sector, the outcome of this litigation could have broader implications for its operations and market strategy. The company aims to enhance its position by advocating for fair competition against larger incumbents in the fintech space.</p>
    </section>
    
    <section>
        <h2>Contact Information</h2>
        <p>For further inquiries, interested parties may contact:</p>
        <ul>
            <li><strong>Jack Fagan</strong><br />Investor Relations<br />+1 651 240 6001<br /><a href="mailto:InvestorRelations@sezzle.com">InvestorRelations@sezzle.com</a></li>
            <li><strong>Erin Foran</strong><br />Media Inquiries<br />+1 651 403 2184<br /><a href="mailto:erin.foran@sezzle.com">erin.foran@sezzle.com</a></li>
        </ul>
    </section>
    
    <section>
        <h2>About Sezzle Inc.</h2>
        <p>Sezzle is a forward-thinking fintech company dedicated to empowering the next generation financially. Through its innovative payment platform, Sezzle provides consumers with enhanced purchasing power and access to point-of-sale financing options. The company serves millions of customers across a global network of merchants, focusing on transparency, inclusiveness, and user-friendliness.</p>
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    <section>
        <h2>Forward-Looking Statements</h2>
        <p>This article may contain forward-looking statements as defined by the Securities Act of 1933 and the Securities Exchange Act of 1934. These statements are based on management's current expectations regarding future events and financial trends that may impact Sezzle's performance.</p>
        <p>Investors are advised to consider various factors that could cause actual results to differ from expectations, including regulatory scrutiny within the "buy-now, pay-later" space and competition dynamics in the financial services market.</p>
    </section>
</article>

Sezzle's antitrust lawsuit against Shopify has received a court ruling allowing core claims to continue, which is significant for its competitive standing in the marketplace. While some claims were dismissed, the remaining legal challenges could enhance Sezzle's position in the fintech sector if successful. This development may improve investor sentiment in the near term.

Sezzle Provides Update on Antitrust Case Against Shopify

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

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