IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Roadrunner T...
November 26 2015 - 9:31PM
Business Wire
Khang & Khang LLP (the “Firm”) announces that a class action
lawsuit has been filed against Roadrunner Transportation Systems,
Inc. (“Roadrunner” or the “Company”) (NYSE: RRTS). Investors who
purchased or otherwise acquired shares between July 30, 2015 and
October 26, 2015, inclusive (the “Class Period”), are encouraged to
contact the Firm prior to the January 19, 2016 lead plaintiff
motion deadline.
If you purchased shares of Roadrunner during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang, 18101
Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949)
419-3834, or by email at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
According to the complaint, on July 29, 2015, the Company
announced that it expected diluted earnings to be between $0.43 and
$0.47 a share. On August 7, 2015, just nine days after this
announcement, the Company’s chairman of the board sold over two
million shares for over $48,000,000. When earnings were released,
Roadrunner drastically reduced its third quarter guidance. When the
truth was revealed, shares dropped, causing investors harm.
If you purchased shares of Roadrunner during the Class Period,
you have until January 19, 2016 to ask the Court to appoint you as
lead plaintiff. If you wish to learn more about this
lawsuit, or if you have any questions concerning this notice or
your rights, please contact Joon M. Khang, a prominent litigator
for almost two decades, by telephone: (949) 419-3834, or by email
at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20151126005539/en/
Khang & Khang LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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