Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of WageWorks, Inc. (“WageWorks” or the “Company”) (NYSE: WAGE) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for amending and restating the 2010 Equity Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on March 1, 2013, the Board of Directors recommends that WageWorks’ shareholders vote to amend and restate the 2010 Equity Incentive Plan to add 1,000,000 shares reserved thereunder. The Proxy Statement also recommends that shareholders vote to approve the Company’s Executive Bonus Plan.
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Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.If you own common stock in WageWorks and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/WAGE or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330. Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.