Shareholders Foundation, Inc.

Essex Rental Corp. (NASDAQ:ESSX) Investor Alert: Investigation over Possible Violations of Securities Laws

An investigation for investors in Essex Rental Corp. (NASDAQ:ESSX) shares over potential securities laws violations by Essex Rental Corp. was announced and NASDAQ:ESSX stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 03/04/2015 -- An investigation on behalf of investors of Essex Rental Corp. (NASDAQ:ESSX) shares over potential securities laws violations by Essex Rental Corp. and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Essex Rental Corp. (NASDAQ:ESSX) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Essex Rental Corp. (NASDAQ:ESSX) concerning whether a series of statements by Essex Rental regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Essex Rental Corp. reported that while its annual Total Revenue declined from $98.26 million in 2012 to $95.54 million, its Net Loss declined from $12.65 million to $9.64 million. Shares of Essex Rental Corp. (NASDAQ:ESSX) traded during 2013 as high as $4.46 per share.

On February 26, 2015, Essex Rental Corp. announced that its earnings release and related management conference call and webcast are being rescheduled in order to allow Essex time to evaluate the classification of its revolving credit facilities as current liabilities or long-term obligations. Essex Rental Corp. stated that if any change in classification of the revolving credit facilities would likely result in a restatement of prior period balance sheets. Shares of Essex Rental Corp. (NASDAQ:ESSX) declined to as low as $0.72 per share on February 26, 2015.

On March 2, 2015, NASDAQ:ESSX closed at $0.75 per share.

Those who purchased shares of Essex Rental Corp. (NASDAQ:ESSX) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com