NEW ORLEANS, April 6, 2018 /PRNewswire/ -- ClaimsFiler, a FREE
shareholder information service, reminds investors that they have
until May 8, 2018 to file lead
plaintiff applications in a securities class action lawsuit against
Wageworks, Inc. (NYSE: WAGE), if they purchased the Company's
securities between May 6, 2016 and
March 1, 2018, inclusive (the "Class
Period"). This action is pending in the United States District Court for the
Northern District of California.
Get Help
Wageworks investors should visit us at
https://www.claimsfiler.com/cases/view-wageworks-inc-securities-litigation
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Wageworks and certain of its executives are charged with failing
to disclose material information during the Class Period, violating
federal securities laws.
On March 1, 2018, the Company
announced that it was delaying filing its 10-K for FYE December 31, 2017 due to material weaknesses in
its systems of internal controls and that its practices and
controls relating to its accounting and preparation of earnings
disclosures were ineffective.
On this news, the price of WageWorks' shares fell $9.75, or 18.58%, to close at $42.70 per share on March
1, 2018.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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