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Investigation announced for Investors in Progyny, Inc. (NASDAQ: PGNY) over potential Wrongdoing

05-26-2022 05:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Progyny, Inc. (NASDAQ: PGNY) shares over potential wrongdoing at Progyny, Inc.

An investigation on behalf of investors in Progyny, Inc. (NASDAQ: PGNY) shares over potential wrongdoing at Progyny, Inc.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Progyny, Inc.

Investors who purchased shares of Progyny, Inc. (NASDAQ: PGNY) and currently hold any of those Progyny, Inc. (NASDAQ: PGNY shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Progyny, Inc. (NASDAQ: PGNY officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

New York based Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Progyny, Inc. reported that its annual Total Revenue rose from $344.85 million in in 2020, to $500.62 million in 2021, and that its Net Income increased from $46.45 million in 2020, to $65.76 million in 2021.

Shares of Progyny, Inc. (NASDAQ: PGNY) declined from $53.08 per share on March 30, 2022, to as low as $31.57 per share on May 25, 2022.

Those who purchased shares of Progyny, Inc. (NASDAQ: PGNY), have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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