NEW YORK, March 2, 2015 /PRNewswire/ -- Pomerantz LLP is
investigating claims on behalf of investors of Corporate Resources
Services Inc. ("Corporate Resources" or the "Company") (NASDAQ:
CRRS). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com
or 888-476-6529, ext. 237.
The investigation concerns whether Corporate Resources and
certain of its officers and/or directors have violated Sections
10(b) and 20(a) of the Securities Exchange Act of 1934.
Beginning in February 2015, a
series of partial disclosures by the Company revealed that: (a)
CRRS was noncompliant with the terms of its funding agreement with
Wells Fargo; (b) investors should no longer rely on the Company's
financial statements for 2014; (c) several members of the Company's
audit committee resigned; and (d) the Company will not fund an
internal investigation required by the former audit committee
members.
The Pomerantz Firm, with offices in New York, Chicago, San
Diego and Florida, is
acknowledged as one of the premier firms in the areas of corporate,
securities, and antitrust class litigation. Founded by the late
Abraham L. Pomerantz, known as the
dean of the class action bar, the Pomerantz Firm pioneered the
field of securities class actions. Today, more than 70 years later,
the Pomerantz Firm continues in the tradition he established,
fighting for the rights of the victims of securities fraud,
breaches of fiduciary duty, and corporate misconduct. The Firm has
recovered numerous multimillion-dollar damages awards on behalf of
class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP