NEW YORK, NY / ACCESSWIRE / September 16, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.
Insperity, Inc. (NYSE:NSP)
If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/insperity-inc-loss-submission-form?prid=9316&wire=1Lead Plaintiff Deadline: September 21, 2020Class Period: February 11, 2019 - February 11, 2020
Allegations against NSP include 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.
Tufin Software Technologies Ltd. (NYSE:TUFN)
If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/tufin-software-technologies-ltd-loss-submission-form?prid=9316&wire=1Lead Plaintiff Deadline: September 21, 2020Affected investors purchased TUFN securities pursuant and/or traceable to documents issued in connection with the Company's April 2019 initial public offering and/or its December 2019 secondary public offering.
Allegations against TUFN include that: (i) Tufin's customer relationships and growth metrics were overstated, particularly with respect to North America; (ii) Tufin's business was deteriorating, primarily in North America; (iii) as a result, Tufin's representations regarding its sustainable financial prospects were overly optimistic; and (iv) as a result, the documents issued in connection with the Company's initial public offering were materially false and/or misleading and failed to state information required to be stated therein.
Energy Recovery, Inc. (NASDAQ:ERII)
If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/energy-recovery-inc-loss-submission-form?prid=9316&wire=1Lead Plaintiff Deadline: September 21, 2020Class Period: August 2, 2017 - June 29, 2020
Allegations against ERII include that: (i) the Company had different strategic perspectives regarding commercialization of the Company's VorTeq technology than Schlumberger Technology Corp., which had exclusive rights to the use of VorTeq (ii) these differences created substantial risk of early termination of the Company's exclusive licensing agreement with Schlumberger; (iii) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.
To learn more, contact Vincent Wong, Esq. either via email firstname.lastname@example.org or by telephone at 212.425.1140.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.39 East BroadwaySuite 304New York, NY 10002Tel. 212.425.1140Fax. 866.699.3880E-Mail: email@example.com
SOURCE: The Law Offices of Vincent Wong
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