INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Stamps.com Inc.
February 22 2019 - 7:30PM
Business Wire
The law firm of Kirby McInerney LLP is investigating potential
claims against Stamps.com Inc. (“Stamps.com” or the “Company”)
(NASDAQ:STMP). This investigation concerns whether Stamps.com has
violated federal securities laws and/or engaged in other unlawful
business practices.
On February 21, 2019, Stamps.com announced that its key
partnership with the U.S. Postal Service has ended. On an earnings
call, Stamps.com’s chairman and CEO, Kenneth Thomas McBride,
stated, “We will no longer be exclusive to the USPS and that’s
non-negotiable.”
On this news, Stamps.com’s share price fell $114.43 per share or
approximately 57.7%, to close at $83.65 on February 22, 2019.
If you acquired Stamps.com securities, have information, or
would like to learn more about these claims, please contact Thomas
W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at
investigations@kmllp.com, or by filling out this contact form, to
discuss your rights or interests with respect to these matters
without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm
concentrating in securities, antitrust, and whistleblower
litigation. The firm’s efforts on behalf of shareholders in
securities litigation have resulted in recoveries totaling billions
of dollars. Additional information about the firm can be found at
Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20190222005537/en/
Kirby McInerney LLPThomas W. Elrod, Esq., (212)
371-6600investigations@kmllp.comwww.kmllp.com
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