EQUITY ALERT: The Rosen Law Firm Files Securities Class Action Against Corporate Resource Services, Inc.
March 02 2015 - 7:59PM
Business Wire
The Rosen Law Firm, P.A., a global investor rights firm,
announces that it has filed a class action lawsuit on behalf of
purchasers of Corporate Resource Services, Inc. (NASDAQ:CRRS)
common stock between July 1, 2014 through February 6, 2015. The
lawsuit seeks to recover damages for Corporate Resource Services
investors under the federal securities laws.
To join the Corporate Resource Services class action, go to the
website at http://www.rosenlegal.com/cases-518.html or call Phillip
Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action. The suit is pending in U.S. District Court for the
Eastern District of New York.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, Corporate Resource Services issued
materially false and misleading statements to investors by failing
to disclose that its co-employer, Tri-State Employment Services,
Inc., had a material unpaid federal payroll tax liability, which
would adversely impact the Company and the Company was not in
compliance with the Account Purchase Agreements with Wells Fargo as
of November 30, 2014. When the truth was revealed to investors, the
price of Corporate Resource Services common stock dropped, damaging
investors.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than May
1, 2015. If you wish to join the litigation go
http://www.rosenlegal.com/cases-518.html or to discuss your rights
or interests regarding this class action, please contact, Phillip
Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at
866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.Tel: (212) 686-1060Toll Free: (866)
767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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