New York, New York--(Newsfile Corp. - August 10, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Insperity, Inc. (NYSE: NSP) alleging that the Company violated federal securities laws.
Class Period: February 11, 2019 and February 11, 2020
Lead Plaintiff Deadline: September 21, 2020
Learn more about your recoverable losses in DNK:
The filed complaint alleges that Insperity, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) the Company had failed to negotiate appropriate rates with its customers for employee benefit plans and did not adequately disclose the risk of large medical claims from these plans; (b) Insperity was experiencing an adverse trend of large medical claims; (c) as a mitigating measure, the Company would be forced to increase the cost of its employee benefit plans, causing stunted customer growth and reduced customer retention; and (d) the foregoing issues were reasonably likely to, and would, materially impact Insperity's financial results.
Shareholders have until September 21, 2020 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the NSP lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/61427