Insperity, Inc. (NSP)
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Insperity, Inc. (NSP)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Insperity, Inc. ("Insperity" or "the Company") (NYSE: NSP). The investigation concerns whether Insperity and certain of its officers and/or directors have violated federal securities laws.
On February 11, 2020, Insperity announced its fourth quarter and full year 2019 financial results and said, "the average profit per [worksite employee] per month declined from $272 in 2018 to $259 in 2019 on a higher than expected benefits cost trend due to elevated large healthcare claim activity." Insperity continued to state that it "recently added a new feature" to its health plan that will cap its financial responsibility for annual claim costs. Following this news, Insperity stock dropped over 19% on February 12, 2020.
If you are aware of any facts relating to this investigation, or purchased Insperity shares, you can learn more about the investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.