Thieler Law Corp advises investors with losses exceeding $100,000 of the April 29, 2019 lead plaintiff deadline in a class action lawsuit filed against Stamps.com Inc (NASDAQ: STMP) (“Stamps.com” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Stamps.com Inc securities between May 3, 2017 and February 21, 2019, have until April 29, 2019 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Stamps.com Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Stamps.com’s financial results depended on the manipulation of a United States Postal Service (“USPS”) program that cost USPS an estimated $235 million per year; and as a result, Stamps.com’s business was unsustainable and its financial results were highly misleading.

On February 21, 2019, the Company revealed that its key partnership with the U.S. Postal Service has ended. During an earnings call, Stamps.com’s chairman and CEO, Kenneth Thomas McBride, stated, “We will no longer be exclusive to the USPS and that’s non-negotiable.”

Following this news, NASDAQ: STMP fell more than 57% on February 22, 2019, closing at $83.65 after its previous close price of $198.08.

If you were negatively impacted by your investment in Stamps.com Inc securities between May 3, 2017 and February 21, 2019 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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