Investigation Overview
An investigation on behalf of investors of ShiftPixy Inc (NASDAQ:PIXY) shares over potential securities laws violations by ShiftPixy Inc and certain of its directors and officers in connection with certain financial statements was announced.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ShiftPixy Inc (NASDAQ:PIXY) concerning whether a series of statements by ShiftPixy Inc (NASDAQ:PIXY regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Irvine, CA based ShiftPixy Inc. is a human capital management (HCM) services provider. ShiftPixy Inc ent public in June 2017 and Shares of ShiftPixy Inc (NASDAQ:PIXY) reached as high as $11.64 per share on July 10, 2017.
In December 2017, shares of ShiftPixy Inc (NASDAQ:PIXY) declined to $2.00 per share.