Lawsuit for Investors in shares of Roadrunner Transportation Systems Inc (NYSE:RRTS) announced by Shareholders Foundation


SAN DIEGO, Feb. 14, 2017 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit in Wisconsin was filed for certain purchasers of shares of Roadrunner Transportation Systems Inc (NYSE:RRTS) over alleged Securities Laws Violations by Roadrunner Transportation Systems Inc.

Investors, who purchased shares of Roadrunner Transportation Systems Inc (NYSE:RRTS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff claims that on behalf of certain purchasers of Roadrunner Transportation Systems Inc (NYSE:RRTS) common shares, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 8, 2014 and January 30, 2017 the defendants made materially false and/or misleading statements and/or failed to disclose that Roadrunner Transportation Systems lacked effective internal controls over financial reporting, that Roadrunner Transportation Systems’ financial statements dating back to the beginning of 2014 overstated the estimated results of operations, that Roadrunner Transportation Systems’ financial statements contained errors relating to unrecorded expenses from unreconciled balance sheet accounts including cash, driver and other receivables, and linehaul and other driver payables, and that Roadrunner Transportation Systems’ financial statements dating back to the beginning of 2014 were not reliable.

Those who purchased shares of Roadrunner Transportation Systems Inc (NYSE:RRTS) should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. 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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