SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of WageWorks, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 8, 2018 – WAGE
NEW YORK, NY / ACCESSWIRE / April 23, 2018 / The following statement is being issued by Levi &
Korsinsky, LLP:
To: All persons or
entities who purchased or otherwise acquired securities of WageWorks,
Inc. (“WageWorks”) (NYSE: WAGE)
between May 6, 2016 and March 1,
2018. You are hereby
notified that a securities class action lawsuit has
been commenced in the United States District Court for the Northern District of
California. To get more information go
to:
http://www.zlk.com/pslra-d/wageworks-inc?wire=1
or contact Joseph E. Levi, Esq. either
via email at jlevi@levikorsinsky.com or by telephone
at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.
The complaint alleges that throughout
the class period Defendants issued materially false and/or misleading
statements and/or failed to disclose that: (1) there were material weaknesses
in WageWorks’ systems of internal controls and that its practices and controls
were ineffective; (2) WageWorks failed to adequately manage and assess risk
relating to certain complex transactions, including certain government contracts;
(3) WageWorks improperly recognized revenue thereby inflating its earnings and
related financial metrics; and (4) as a result, WageWorks’ financial statements
were materially false and misleading at all relevant times.
If you suffered a loss in
WageWorks you have until May 8, 2018 to
request that the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national
firm with offices in New York, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience representing investors
in securities litigation, and have recovered hundreds of millions of dollars
for aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE:
Levi & Korsinsky, LLP
ReleaseID: 497007