The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Insperity, Inc. (NSP)
LOS ANGELES, Sept. 14, 2020 /PRNewswire/ — The Law Offices of Frank R. Cruz reminds investors of the upcoming September 21, 2020deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Insperity, Inc. (“Insperity” or the “Company”) (NYSE: NSP) common stock between February 11, 2019, and February 11, 2020, inclusive (the “Class Period”).
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On February 11, 2020, after the market closed, Insperity issued a press release announcing its fourth quarter and full year 2019 financial results. Therein, Insperity 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”