OpenAI AI Agent Swarm Behind Hugging Face Hack 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
PayPal Shares Sink as $50 Billion Takeover Bid Collapses 
Amazon Secures 200 MW Wind Power Deals in Sweden 
Honda, Nissan Eye Shared Vehicle Software Platform by 2029 
Itochu Offers $1.56 Billion to Privatize Dentsu Soken 
HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook 
SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan 
SK Biopharmaceuticals Secures Global Rights to Biohaven Epilepsy Drug Opakalim 
Trian Drops Wendy’s Take-Private Bid Plans, Shares Plunge 14% 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
Google Changes EU Spam Policy Amid Antitrust Scrutiny 
Yindjibarndi Appeals Fortescue Mining Compensation Ruling 
Jefferies Names AMEC Top China Semiconductor Equipment Pick 
Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
Add as a preferred source on Google
SAN FRANCISCO, April 06, 2018 -- Hagens Berman Sobol Shapiro LLP reminds investors in WageWorks, Inc. (NYSE:WAGE) of the May 8, 2018 Lead Plaintiff deadline in the pending securities class action. If you purchased or otherwise acquired securities of WageWorks between May 5, 2016 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
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.”
This news drove the price of WageWorks shares down $9.75, or nearly 19%, to close at $42.70 on March 1, 2018.
The next day, Defendants explained the Company’s audit committee is investigating WageWorks’s revenue recognition during fiscal 2016 and the investigation may result “in the identification of other accounting issues, further material weaknesses, and/or require the restatement of the Company’s financial statements for previous periods.”
In addition, SEC filings show WageWorks’s CEO sold approximately $34 million of his shares during June 2017.
“We’re focused on Defendants’ compliance with generally accepted accounting principles, whether the CEO’s sales were improper, and investors’ losses,” said Hagens Berman partner Reed Kathrein.
Whistleblowers: Persons with non-public information regarding WageWorks 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 [email protected].
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
