BOSTON, Nov. 12, 2015 /PRNewswire/ -- Barrett Business Services Inc. ("Barrett" or the "Company") (Nasdaq: BBSI) is being investigated by Block & Leviton LLP, a Boston-based law firm representing investors nationwide, following the Company's announcement that its second quarter financial statements for 2014 can no longer be relied upon.
In Barrett's filing with the United States Securities and Exchange Commission (the "SEC") today, it announced that its financial statements contained in the Company's second quarter Form 10-Q should not be relied upon and that its independent audit committee will conduct an investigation . Specifically, Barrett disclosed that it received notice from its accounting firm that "an illegal act has or may have occurred with respect to the June 30, 2014 workers' compensation reserve."
The investigation concerns whether Barrett violated the federal securities laws. If you purchased or otherwise acquired Barrett securities on or before November 11, 2015, and have questions about your legal rights or possess information relevant to this investigation, please contact either attorney Steven Harte at (617) 398-5600 or by email at Steven@blockesq.com. Confidentiality to whistleblowers or others with relevant information is assured.
Block & Leviton represents investors affected by violations of securities laws as well as whistleblowing employees who provide information about their employers' violations of law throughout the country. The firm's lawyers have collectively been prosecuting securities cases for over 70 years, have recovered billions of dollars for investors and represent some of the nation's largest institutional investors.
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