SAN DIEGO--(BUSINESS WIRE)--Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by TriNet Group, Inc. (NYSE: TNET) and certain of its officers and directors. TriNet provides human resources solutions for small and medium-sized businesses in the United States and Canada.
Specifically, Johnson & Weaver’s investigation seeks to determine whether certain statements regarding TriNet’s business and prospects were false and misleading when made.
On August 3, 2015, after the market close, TriNet announced second-quarter loss of $1.3 million or ($.02) per share, missing Wall Street analyst expectations of earning $.27 per share. The Company cited that the quarter was impacted by a higher than expected number of large medical claims. On this unfavorable news, shares of TriNet were down over 31% in pre-market trading on August 4, 2015.
If you have information that could assist in this investigation, or if you are a TriNet shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (firstname.lastname@example.org) by email or by phone at 619-814-4471. If emailing, please include a phone number where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.