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topicnews · September 20, 2024

Law firm Frank R. Cruz announces investigation of Progyny, Inc. (PGNY) on behalf of investors

Law firm Frank R. Cruz announces investigation of Progyny, Inc. (PGNY) on behalf of investors

The Law Offices of Frank R. Cruz announces an investigation of Progyny, Inc. (“Progyny” or the “Company”) (NASDAQ: PGNY) on behalf of investors relating to possible violations by the Company of the federal securities laws.

If you are a shareholder who has suffered a loss, click here to participate.

On September 18, 2024, Progyny announced that it had lost an undisclosed “significant customer” that had approximately 670,000 members as of June 30, 2024 and accounted for 12% of the Company’s revenue for the six-month period ended June 30, 2024.

On this news, Progyny’s share price fell $7.98, or 32.7%, to close at $16.46 per share on September 19, 2024, hurting investors.

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If you purchased Progyny securities, have information or would like to learn more about these claims, or have any questions about this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067, at 310-914-5007, by email at [email protected] or visit our website at www.frankcruzlaw.com. When inquiring by email, please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under applicable laws and professional rules.

The Progyny stock at the time of publication of the news with a decline of -0.12 % up to 16.44USD on the Nasdaq stock exchange (September 20, 2024, 3:52 p.m.).