Shareholders Foundation, Inc.

NYSE: NSP Investor Notice: Investigation over Possible Securities Laws Violations by Insperity, Inc.

An investigation for investors in Insperity, Inc. (NYSE: NSP) shares over potential securities laws violations by Insperity, Inc. was announced.

 

San Diego, CA -- (SBWIRE) -- 02/25/2020 -- Insperity, Inc is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Insperity, Inc. (NYSE: NSP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Insperity, Inc. (NYSE: NSP) concerning whether a series of statements by Insperity, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Kingwood, TX based Insperity, Inc. provides human resources (HR) and business solutions to improve business performance for small and medium-sized businesses. Insperity, Inc. reported that its annual Total Revenue rose from over $3.3 billion in 2017 to over $3.82 billion in 2018 and that its Net Income increased from $84.4 million in 2017 to $135.41 million in 2018.

On February 11, 2020, Insperity, Inc announced its fourth quarter and full year 2019 financial results. Therein, Insperity, Inc disclosed that "[t]he 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." Additionally, the Company reported that it had "recently added a new feature" in its health plan so that, beginning in 2020, Insperity will not have financial responsibility for any amount of a participant's annual claim costs that exceed $1 million.

Shares of Insperity, Inc. (NYSE: NSP) declined from $91.69 per share in February 5, 2020 to as low as $65.89 million on February 12, 2020.

Those who purchased shares of Insperity, Inc. (NYSE: NSP) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.