NEW ORLEANS, Aug. 11, 2015 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 6, 2015 to file lead plaintiff applications in a securities class action lawsuit against TriNet Group, Inc. (NYSE:TNET) if they purchased the Company’s securities between May 5, 2014 and August 3, 2015, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.
What You May Do
If you purchased shares of TriNet and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 6, 2015.
About the Lawsuit
TriNet and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
These false statements and omissions included, in part, that: (i) TriNet’s processes and methodologies for analyzing and accruing claims did not properly account for the trends of historical claims; (ii) TriNet’s forecasting process did not properly incorporate the trends of relevant historical and current claims; and (iii) TriNet experienced growing claims trends in medical and workers compensation that had a negative impact on its current and future business prospects.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.