WAGEWORKS, INC. SAN FRANCISCO, March 2, 2018 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP alerts investors in WageWorks, Inc. (NYSE: WAGE) of the Firm's investigation into possible securities law violations. If you purchased or otherwise acquired securities of WageWorks between January 1, 2017 and March 1, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more information visit:
https://www.hbsslaw.com/cases/WAGE
or contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing
WAGE@hbsslaw.com.
On March 1, 2018, WageWorks announced "it is delaying its Annual Report on Form 10K for the year ended December 31, 2017 and its financial results and associated conference call for the fourth quarter of 2017." The Company did not provide an explanation for the delays.
This news drove the price of WageWorks shares down $9.75, or nearly 19%, to close at $42.70 on March 1, 2018.
"We're focused on whether there are accounting issues or disclosure issues underlying WageWorks's delays and on investors' losses," said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding WAGE should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email WAGE@hbsslaw.com.
About Hagens Berman
Hagens Berman is a national investor-rights law firm headquartered in Seattle, Washington with 70+ attorneys in 11 offices across the country. The Firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes can be found at www.hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 510-725-3000
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SOURCE Hagens Berman Sobol Shapiro LLP
