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CLASS ACTION UPDATE for NSP, WINS and BLNK: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

Thursday, 17 September 2020 10:35 AM

Levi & Korsinsky, LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / September 17, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

NSP Shareholders Click Here: https://www.zlk.com/pslra-1/insperity-inc-loss-form?prid=9356&wire=1
WINS Shareholders Click Here: https://www.zlk.com/pslra-1/wins-finance-holdings-inc-loss-submission-form?prid=9356&wire=1
BLNK Shareholders Click Here: https://www.zlk.com/pslra-1/blink-charging-company-information-request-form?prid=9356&wire=1

* ADDITIONAL INFORMATION BELOW *

Insperity, Inc. (NYSE:NSP)

NSP Lawsuit on behalf of: investors who purchased February 11, 2019 - February 11, 2020
Lead Plaintiff Deadline : September 21, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/insperity-inc-loss-form?prid=9356&wire=1

According to the filed complaint, during the class period, 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.

Wins Finance Holdings Inc. (NASDAQ:WINS)

WINS Lawsuit on behalf of: investors who purchased October 31, 2018 - July 6, 2020
Lead Plaintiff Deadline : September 23, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/wins-finance-holdings-inc-loss-submission-form?prid=9356&wire=1

According to the filed complaint, during the class period, Wins Finance Holdings Inc. made materially false and/or misleading statements and/or failed to disclose 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.

Blink Charging Company (NASDAQ:BLNK)

BLNK Lawsuit on behalf of: investors who purchased March 6, 2020 - August 19, 2020
Lead Plaintiff Deadline : October 23, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/blink-charging-company-information-request-form?prid=9356&wire=1

According to the filed complaint, during the class period, Blink Charging Company made materially false and/or misleading statements and/or failed to disclose that: (i) many of Blink's charging stations are damaged, neglected, non-functional, inaccessible, nor non-accessible; (ii) Blink's purported partnerships and expansions with other companies were overstated; (iii) the purported growth of the Company's network has been overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Lawsuits
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