San Diego, CA -- (SBWire) -- 06/10/2022 --An investigation was announced for current long-term investors in shares of Progyny, Inc. (NASDAQ: PGNY) over potential breaches of fiduciary duties by certain directors at Progyny, Inc.
Investors who purchased shares of Progyny, Inc. (NASDAQ: PGNY) and currently hold any of those Progyny, Inc. (NASDAQ: PGNY shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Progyny, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
New York based Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Progyny, Inc. reported that its annual Total Revenue rose from $344.85 million in in 2020, to $500.62 million in 2021, and that its Net Income increased from $46.45 million in 2020, to $65.76 million in 2021.
Shares of Progyny, Inc. (NASDAQ: PGNY) declined from $53.08 per share on March 30, 2022, to as low as $28.83 per share on June 9, 2022.
Those who purchased shares of Progyny, Inc. (NASDAQ: PGNY), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Progyny, Inc. (NASDAQ:PGNY) Shareholder Notice: Investigation Concerning Potential Wrongdoing
An investigation on behalf of investors in Progyny, Inc. (NASDAQ:PGNY) shares over potential wrongdoing at Progyny, Inc. was announced.