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31.01.2017 22:15:00

Roadrunner Transportation Systems, Inc. (RRTS) Alert: Gardy & Notis, LLP Announces Investigation Of Potential Securities Fraud

NEW YORK, Jan. 31, 2017 /PRNewswire/ -- The law firm Gardy & Notis, LLP announces it is investigating a potential securities claim on behalf of stockholders of Roadrunner Transportation Systems, Inc. ("Roadrunner") (NYSE: RRTS).

If you are an investor who purchased Roadrunner stock on or before January 30, 2017 please contact Mark C. Gardy at Gardy & Notis, LLP, 126 East 56th Street, New York, NY 10022, Telephone: 212-905-0509, email: mgardy@gardylaw.com to learn more about your legal rights. 

The investigation stems from Roadrunner's announcement on January 30, 2017 that certain of its financial statements could no longer be relied upon.  In a filing with the Securities Exchange Commission Roadrunner announced the following should no longer be relied upon:

  • the audited consolidated financial statements and unaudited quarterly information included in Roadrunner's Annual Report on Form 10-K for the year ended December 31, 2014;
  • the unaudited condensed consolidated financial statements included in Roadrunner's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2014, June 30, 2014, and September 30, 2014;
  • the audited consolidated financial statements and unaudited quarterly information included in Roadrunner's Annual Report on Form 10-K for the year ended December 31, 2015;
  • the unaudited condensed consolidated financial statements included in Roadrunner's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2015, June 30, 2015, and September 30, 2015;
  • the unaudited condensed consolidated financial statements included in Roadrunner's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2016, June 30, 2016 and September 30, 2016; and
  • related press releases, investor presentations or other communications describing the financial statements for these periods

On this news, shares of Roadrunner fell sharply during after-hours trading on January 30, 2017.

Gardy & Notis, LLP specializes in large, complex litigation in the fields of securities, corporate governance, and mergers and acquisitions.  The attorneys at Gardy & Notis, LLP have served as a plaintiffs' lead counsel in some of the largest securities fraud class action recoveries.

Contact:  

GARDY & NOTIS, LLP
Mark C. Gardy
126 East 56th Street
New York, NY 10022
Telephone: 212-905-0509
E-mail: mgardy@gardylaw.com
Website: www.gardylaw.com

Attorney Advertising.  Past results do not guarantee future outcomes.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/roadrunner-transportation-systems-inc-rrts-alert-gardy--notis-llp-announces-investigation-of-potential-securities-fraud-300399843.html

SOURCE Gardy & Notis, LLP

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