LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Progyny, Inc. (“Progyny” or the “Company”) (NASDAQ: PGNY) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On September 18, 2024, Progyny disclosed that it had lost an unnamed “significant client” representing approximately 670,000 members as of June 30, 2024, and comprising 12% of the Company’s revenue for the six-month period ending June 30, 2024.
On this news, Progyny’s stock price fell $7.98, or 32.7%, to close at $16.46 per share on September 19, 2024, thereby injuring 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 concerning 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 to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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