NEW YORK, March 11, 2016 /PRNewswire/ -- Tripp Levy PLLC, one of the leading law firms representing investors nationwide, is investigating possible securities law violations involving Barrett Business Services, Inc. (NASDAQ: BBSI) ("Barrett" or the "Company"), a leading provider of business management solutions.
On March 9, 2016, Barrett announced that its Chief Financial Officer, James D. Miller, was terminated following his revelation to the Company's audit committee that he made unsupported journal entries in the Company's financial records during each calendar quarter of 2013. The Company further reported that its audit committee is in the process of engaging a major accounting firm to conduct an independent forensic accounting investigation of the Company's financial records for the five years beginning January 1, 2011, as well as the first quarter of 2016, to evaluate whether other accounting irregularities occurred during those periods.
On this news, shares of Barrett fell over 33% closing at $24.36 per share.
Tripp Levy PLLC's investigation seeks to determine, among other things, whether BBSI or its officers and/or directors have violated the federal securities laws. If you purchased shares of Barrett and have suffered a loss from your investment in Barrett common stock and would like to learn more information about this investigation, including your ability to potentially recover your losses, please contact us either by email at firstname.lastname@example.org or by telephone at 800.511.7037 or visit our website at www.tripplevy.com/participate-in-an-action.
Tripp Levy PLLC represents individuals and institutional shareholders in shareholder transactions and has assisted in the recovery of millions of dollars for shareholders in securities actions around the globe.
Attorney advertising. Prior results do not indicate a similar outcome
SOURCE Tripp Levy PLLC