LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “Company”) (NYSE: RRTS) investors concerning the Company and its officers’ possible violations of federal securities laws.
On January 30, 2017, the Company disclosed that sometime in November of 2016, Roadrunner became aware of several possible accounting errors at its Morgan Southern and Bruenger subsidiaries. Roadrunner further disclosed that the Company’s Board of Directors promptly initiated an investigation of the errors, and based on the information to date Roadrunner has located various accounting discrepancies that it anticipates will necessitate prior period adjustments of between $20 million and $25 million. On this news shares of Roadrunner fell significantly in after-hours trading on January 30, 2017.
If you purchased Roadrunner securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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