LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) is investigating potential claims on behalf of investors of U.S. Concrete, Inc. (“U.S. Concrete” or the “Company”) (NASDAQ: USCR) concerning the Company and its officers’ possible violations of federal securities laws.
On March 24, 2017, U.S. Concrete announced the resignation of the Company’s Chief Financial Officer, Joseph Tusa, and informed investors that the Company had dismissed its previous auditor, Grant Thornton, and hired Ernst & Young as its new public accounting firm. The Company has also informed investors that U.S. Concrete’s internal control over financial reporting wasn’t effective due to material weaknesses.
On this news, shares of U.S. Concrete fell to just $61.95 per share as of April 5, 2017.
If you purchased U.S. Concrete 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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