Roadrunner

Practice Area: 
Stock Symbol: 
RRTS
Case Status: 
Investigations
Class Period: 
May 8, 2014 to January 30, 2017

We are investigating possible securities fraud claims against Roadrunner Transportation Systems, Inc. resulting from inaccurate statements Roadrunner made regarding its business practices, financial statements and prospects during the period May 8, 2014 to January 30, 2017.

Our investigation focuses on Roadrunner’s January 30 announcement that it had “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.”  Roadrunner stock lost more than 30% of its value as a result of this news.