NEW YORK, NY / ACCESSWIRE / February 19, 2020 / Levi & Korsinsky notifies investors that it has commenced an investigation of Insperity, Inc. ("Insperity" or "the Company") (NSP) concerning possible violations of federal securities laws.
After market close on February 11, 2020, Insperity announced its financial results for its fourth quarter and full-year 2019. The Company 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." The company also reported, for its fourth quarter, net income and diluted earnings per share of $20.4 million and $0.51 which represented decreases of 17% and 14%, respectively, compared to the fourth quarter of 2018. Following these disclosures, Insperity's share price fell over 19%. To obtain additional information, go to:https://www.zlk.com/pslra-1/insperity-inc-loss-form or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
SOURCE: Levi & Korsinsky, LLP
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