(MENAFN- GlobeNewsWire - Nasdaq)
NEW YORK, June 23, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of TrueBlue, Inc. (“TrueBlue” or the“Company”) (NYSE: TBI). Such investors are advised to contact Robert S. Willoughby at or 888-476-6529, ext. 7980.
The investigation concerns whether TrueBlue and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 15, 2022, TrueBlue issued a press release“announc[ing] . . . that Patrick Beharelle has resigned as Chief Executive Officer and as a member of the Board of Directors of TrueBlue, effective June 14, 2022.” The Company stated that“Mr. Beharelle's resignation follows an investigation, led by outside counsel, into allegations regarding his conduct. Based on the investigation's findings, the Board of Directors determined that he had engaged in behaviors that violated TrueBlue's policies and Code of Conduct. Mr. Beharelle's conduct in question was not related to financial controls, financial statements, or business performance.” On this news, TrueBlue's stock price fell sharply during intraday trading on June 15, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See
CONTACT:
Robert S. Willoughby
Pomerantz LLP
888-476-6529 ext. 7980
Tags Class Action
MENAFN23062022004107003653ID1104423675
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.