NEW YORK--(BUSINESS WIRE)--
Levi & Korsinsky announces it has commenced an investigation of Roadrunner Transportation Systems, Inc. (NYSE:RRTS) concerning possible violations of federal securities laws.
On January 30, 2017, Roadrunner announced that, in connection with an ongoing investigation, certain “financial statements and associated reports” filed with the Securities and Exchange Commission “should no longer be relied upon.” The investigation has already identified “various accounting errors that it currently estimates will require prior period adjustments to Roadrunner’s results of operations of between $20 million and $25 million.” Following this news, shares of Roadrunner were down more than 33% on intraday trading on January 31, 2017. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
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