Shareholders Foundation, Inc.

NYSE:NSP Long Term Investor Notice: Investigation of Potential Wrongdoing at Insperity, Inc.

An investigation on behalf of current long term investors in Insperity, Inc. (NYSE:NSP) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

 

San Diego, CA -- (SBWIRE) -- 10/27/2020 -- Certain directors of Insperity, Inc. are under investigation concerning potential breaches of fiduciary duties.

Investors who are current long term investors in Insperity, Inc. (NYSE: NSP) shares, 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 for investors in NYSE: NSP stocks follows a lawsuit filed against Insperity, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: NSP stocks, concerns whether certain Insperity, Inc. directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that, the Defendants failed to disclose, and would continue to omit, the following adverse facts pertaining to the Company's business, operations, and financial condition, which were known to or recklessly disregarded by Defendants: (i) 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; (ii) Insperity was experiencing an adverse trend of large medical claims; (iii) 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 (iv) the foregoing issues were reasonably likely to, and would, materially impact Insperity's financial results.

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.