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SHAREHOLDER ALERT: NSP IDEX WINS: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

Wednesday, 26 August 2020 04:35 PM

The Law Offices of Vincent Wong

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / August 26, 2020 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Insperity, Inc. (NYSE:NSP)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/insperity-inc-loss-submission-form?prid=8851&wire=1
Lead Plaintiff Deadline: September 21, 2020
Class Period: February 11, 2019 - February 11, 2020

Allegations against NSP include 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.

Ideanomics, Inc. (NASDAQ:IDEX)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/ideanomics-inc-loss-submission-form?prid=8851&wire=1
Lead Plaintiff Deadline: August 27, 2020
Class Period: March 20, 2020 - June 25, 2020

Allegations against IDEX include that: (i) Ideanomics' Mobile Energy Global Division in Qingdao, China (the "MEG Center") was not "a one million square foot EV expo center" as the Company had stated in press releases; (ii) the Company had been using doctored or altered photographs of the purported MEG Center in Qingdao; (iii) the Company's electric vehicle business in China was not performing nearly as strongly as Ideanomics had represented; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Wins Finance Holdings Inc. (NASDAQ:WINS)

If you suffered a loss, contact us at http://www.wongesq.com/pslra-1/wins-finance-holdings-inc-loss-submission-form?prid=8851&wire=1
Lead Plaintiff Deadline: September 23, 2020
Class Period: October 31, 2018 - July 6, 2020

Allegations against WINS include that: (i) the ultimate repayment of the RMB 580 million Guohong Loan was highly uncertain; (ii) nonpayment of the Guohong Loan would have a significant impact on the Company's financial and operating condition; (iii) weaknesses in Wins's internal control over its financial reporting persisted despite the Company's repeated assurances to investors that it was taking steps to remediate these weaknesses; (iv) the foregoing issues, among others, made the resignation of Wins's independent auditor foreseeably likely; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.

To learn more, contact Vincent Wong, Esq. either via email [email protected] or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]

SOURCE: The Law Offices of Vincent Wong

Topic:
Lawsuits
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