NEW YORK, June 2, 2015 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Barrett Business Services Inc. (Nasdaq: BBSI) ("BBSI") concerning possible breaches of fiduciary duty arising from BBSI's announcement in May that the U.S. Securities and Exchange Commission had launched an investigation of the company's "accounting practices with regard to its workers' compensation reserves."
The context of BBSI's discussion of workers' compensation costs was its announcement in the third quarter of last year of an $80 million increase in reserves for payments of drawn-out workers' compensation claims. The company's stock price plummeted on the heels of its announcement of increased workers' compensation reserves.
Click here for more information about our investigation of BBSI: http://hkh-lawfirm.com/investigations-cases/barrett-business-services-inc-bbsi/
Hynes Keller & Hernandez, LLC is a national law firm that represents institutional and individual investors. The firm is focused on providing exemplary legal services in the area of shareholder litigation. The firm has an experienced litigation team which has achieved significant victories on behalf of the firm's clients. You can visit our website at www.hkh-lawfirm.com for more information. Attorney advertising. Prior results do not guarantee similar outcomes.
If you hold shares in BBSI and would like to obtain additional information about your legal rights and protect your investment, please visit our website or contact the attorneys below. There is no cost or obligation to you.
Contact:
Hynes Keller & Hernandez, LLC Hynes Keller & Hernandez, LLC
Ligaya T. Hernandez, Esq. Beth A. Keller, Esq.
1150 First Avenue, Suite 501 100 South Bedford Road, Suite 340
King of Prussia, PA 19406 Mount Kisco, NY 10549
Telephone: (610) 994-0292 Telephone: (914) 752-3040
Email: lhernandez@hkh-lawfirm.com Email: bkeller@hkh-lawfirm.com
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SOURCE Hynes Keller & Hernandez, LLC
