NEW YORK, Nov. 25, 2014 (GLOBE NEWSWIRE) -- Rosen Law Firm reminds purchasers of Barrett Business Services, Inc. securities (Nasdaq:BBSI) during the period from February 12, 2013 through October 29, 2014 of the important January 5, 2015 lead plaintiff deadline. The lawsuit seeks to recover investors' losses by asserting claims under the federal securities laws.
To join the Barrett Business Services class action, visit the firm's website at http://rosenlegal.com/cases-432.html, or call Phillip Kim or Kevin Chan toll-free at 866-767-3653; you may also email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
According to the lawsuit, Barrett Business Services and certain of its officers and directors misstated and/or failed to disclose material adverse facts about: (i) the under accruement of the Company's self-insured workers' compensation reserves; (ii) that the under accruement resulted in the overstatement of the Company's earnings; and (iii) the Company lacked adequate financial and internal controls. When this adverse information was revealed, Barrett Business Services' share price fell sharply, damaging investors.
If you wish to serve as lead plaintiff, you must move the Court no later than January 5, 2015. If you wish to join the litigation and recover your losses go to http://rosenlegal.com/cases-432.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim or Kevin Chan of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.