INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims Against Insperity, Inc.
February 14 2020 - 7:55PM
Business Wire
The law firm of Kirby McInerney LLP is investigating potential
claims against Insperity, Inc. (“Insperity” or the “Company”)
(NYSE: NSP). This investigation concerns whether Insperity has
violated federal securities laws and/or engaged in other unlawful
business practices.
After the market closed on February 11, 2020, Insperity
announced lower than expected 2020 guidance and stated that while
“[t]he number of large healthcare claims declined over the past two
quarters after a significant increase in the second quarter of
2019… the frequency of large claims and related costs remained
elevated when compared to levels in prior years.”
On this news, the Company’s share price fell $17.44, or 19.6%,
to close at $71.64 per share on February 12, 2020.
If you acquired Insperity securities, have information, or would
like to learn more about these claims, please contact Thomas W.
Elrod of Kirby McInerney LLP at 212-371-6600, by email at
investigations@kmllp.com, or by filling out this contact form, to
discuss your rights or interests with respect to these matters
without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars. Additional information about the firm can be found at
Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200214005533/en/
Kirby McInerney LLP Thomas W. Elrod, Esq. (212) 371-6600
investigations@kmllp.com www.kmllp.com
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