Roadrunner Transportation Systems, Inc. Securities Litigation
On or around 01/22/2016 (Court's order of dismissal)
Filing Date: November 17, 2015
According to the law firm press release, the lawsuit alleges throughout the Class Period defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) the avian flu epidemic would have an adverse impact on Roadrunner Transportation Systems’ financial condition; and (2) as a result, defendants’ statements about Roadrunner Transportation Systems’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On January 22, 2016, the Court issued an Order granting voluntary dismissal of this case by plaintiff.
Company & Securities Information
Defendant: Roadrunner Transportation Systems, Inc.
Industry: Air Courier
Headquarters: United States
Ticker Symbol: RRTS
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Darlene Lyndes, et al. v. Roadrunner Transportation Systems, Inc. , et al.
COURT: E.D. New York
DOCKET #: 15-CV-06601
JUDGE: Hon. William F. Kuntz, II
DATE FILED: 11/17/2015
CLASS PERIOD START: 07/30/2015
CLASS PERIOD END: 10/26/2015
PLAINTIFF FIRMS NAMED IN COMPLAINT:
Goldberg Law PC 13650 Marina Pointe Dr. Suite 1404 , Goldberg Law PC , CA 90292 1-800-977-7401 ·