The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of NSP, WFC and JCOM
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The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of NSP, WFC and JCOM

Wednesday, July 29, 2020 11:30 AM
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NEW YORK, NY / ACCESSWIRE / July 29, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Insperity, Inc. (NYSE:NSP)
Class Period: February 11, 2019 - February 11, 2020
Lead Plaintiff Deadline: September 21, 2020

The NSP lawsuit alleges that Insperity, Inc. made materially false and/or misleading statements and/or failed to disclose 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.

Learn about your recoverable losses in NSP: http://www.kleinstocklaw.com/pslra-1/insperity-inc-loss-submission-form?id=8247&from=1

Wells Fargo & Company (NYSE:WFC)
Class Period: April 5, 2020 - May 5, 2020
Lead Plaintiff Deadline: August 3, 2020

During the class period, Wells Fargo & Company allegedly made materially false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo planned to, and did, improperly allocate government-backed loans under the Paycheck Protection Program ("PPP"), and/or had inadequate controls in place to prevent such misallocation; (ii) the foregoing foreseeably increased the Company's litigation risk with respect to PPP allocation, as well as increased regulatory scrutiny and/or potential enforcement actions; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

Learn about your recoverable losses in WFC: http://www.kleinstocklaw.com/pslra-1/wells-fargo-company-loss-submission-form?id=8247&from=1

J2 Global, Inc. (NASDAQ:JCOM)
Class Period: October 5, 2015 - June 29, 2020
Lead Plaintiff Deadline: September 8, 2020

The complaint alleges that throughout the class period J2 Global, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) J2 Global engaged in undisclosed related party transactions; (2) J2 Global used misleading accounting to hide requisite impairments and underperformance in acquisitions; (3) several so-called independent members of the Company' board of directors and audit committee were not disinterested; and (4) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Learn about your recoverable losses in JCOM: http://www.kleinstocklaw.com/pslra-1/j2-global-inc-loss-submission-form?id=8247&from=1

Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. If you suffered a loss during the class period and wish to obtain additional information, please contact J. Klein, Esq. by telephone at 212-616-4899 or visit the webpages provided.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
[email protected]
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE: The Klein Law Firm

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