An investigation for investors in U.S. Xpress Enterprises, Inc. (NYSE: USX) shares over potential securities laws violations by U.S. Xpress Enterprises, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 11/28/2018 -- An investigation was announced concerning potential securities laws violations by U.S. Xpress Enterprises, Inc. and certain of its directors and officers.
Investors in shares of U.S. Xpress Enterprises, Inc. (NYSE: USX) 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 U.S. Xpress Enterprises, Inc. (NYSE: USX) concerning whether a series of statements by U.S. Xpress Enterprises, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Chattanooga, TN based U.S. Xpress Enterprises, Inc. operates as an asset-based truckload carrier providing services primarily in the United States. On November 1, 2018, after market hours, U.S. Xpress Enterprises, Inc. reported its third quarter 2018 financial results announcing that utilization in certain trucking divisions were adversely impacted as its over-the-road division was called upon to provide drivers to its dedicated division. The very next day, U.S. Xpress Enterprises, Inc. announced the appointment of a new Chief Operating Officer. Shares of U.S. Xpress Enterprises, Inc. (NYSE: USX) declined to as low as $6.54 per share on November 2, 2018.
Those who purchased shares of U.S. Xpress Enterprises, Inc. (NYSE: USX) 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
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.