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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of TriNet Group Inc (NYSE: TNET) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of TriNet Group Inc (NYSE: TNET) concerning whether a series of statements by TriNet Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On February 29, 2016, TriNet Group Inc revealed that it had found material weaknesses in the Company's internal control over financial reporting relating to ineffective information technology general controls and ineffective controls in key business processes. TriNet Group Inc is currently seeking an extension of time to file its 10-K.
Following this news, TriNet Group Inc shares declined over 7% during intra-day trading on March 1, 2016.
Based in San Leandro, CA, and founded in 1988 TriNet Group Inc provides human resources solutions for businesses in the United States and Canada.
If you purchased shares of TriNet Group Inc (NYSE: TNET) on or before February 29, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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