NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of U.S. Concrete, Inc. (NASDAQ:USCR) concerning possible violations of federal securities laws. The investigation concerns whether U.S. Concrete, Inc. made materially false and/or misleading statements and/or failed to disclose material information regarding material weaknesses in the Company’s internal control over financial reporting in its last 10-K. On March 24, 2017, the Company disclosed a change of independent registered public accounting firm, and resignation of its CFO.
Following this news, shares of U.S. Concrete, Inc. fell over 8% to close at $60.80/share on March 24, 2017.
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