SHAREHOLDER ALERT: Holzer & Holzer Announces that a Class Action Was Filed on Behalf of Insperity Investors and Encourages Investors With Significant Losses to Contact the Firm

Jul 22, 2020 10:20 am
ATLANTA -- 

Holzer & Holzer LLC announces that a class action lawsuit has been filed on behalf of investors who purchased Insperity, Inc. (“Insperity” or the “Company”) (NYSE: NSP) securities between February 11, 2019 and February 11, 2020.

The complaint, filed in the U.S. District Court for the Southern District of New York, alleges (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.

If you purchased shares of Insperity securities between February 11, 2019 and February 11, 2020 and suffered significant losses you are encouraged to contact Corey D. Holzer, Esq. at [email protected] or Luke R. Kennedy, Esq. at [email protected], or by toll-free telephone at (888) 508-6832 to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

Corey D. Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]