Investor Alert: Kaplan Fox Announces Investigation Of Stamps.com Inc.

NEW YORK, Feb. 26, 2019 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Stamps.com Inc. ("Stamps.com" or the "Company") (NASDAQ: STMP).  Investors who purchased Stamps.com securities may be affected. 

On February 21, 2019 after the market closed, Stamps.com announced that its shipping partnership with the U.S. Postal Service (the "USPS") has ended and that the USPS has not agreed to accept any proposed terms of partnership.  During a conference call to discuss the Company's earnings, Stamps.com's Chairman and Chief Executive Officer, Kenneth Thomas McBride, stated "[w]e will no longer be exclusive to the USPS and that's non-negotiable."

Following this news, the Company's share price fell $114.43 per share, or 57.8%, to close at $83.65 per share.

If you are an investor and would like to discuss our investigation, please contact us by emailing [email protected] or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, your rights, or your interests, please contact:

Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: [email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
E-mail: [email protected]

SOURCE Kaplan Fox & Kilsheimer LLP

Related Links

http://www.kaplanfox.com

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