Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of WageWorks Inc (NYSE: WAGE) 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 WageWorks Inc (NYSE: WAGE) concerning whether a series of statements by WageWorks Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 12, 2018, the Company revealed that it was reopening an investigation concerning WageWorks’ accounting practices, financial statements reporting, and internal control over financial reporting for 2016 and 2017 that WageWorks’ Audit Committee previously concluded in May 2018.
Following this news, NYSE: WAGE fell over 16.5% to close at $40.95 on September 13, 2018.
Based in San Mateo, California, and founded in 2000 WageWorks Inc engages in administering consumer-directed benefits (CDBs), which empower employees to save money on taxes, as well as provides corporate tax advantages for employers in the United States.
If you purchased shares of WageWorks Inc (NYSE: WAGE) on or before September 12, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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