Investigation for Investors in Echo Global Logistics, Inc. (NASDAQ:ECHO) over Possible Violations of Securities Laws

An investigation for investors in Echo Global Logistics, Inc. (NASDAQ:ECHO) shares over potential securities laws violations by Echo Global Logistics was announced and NASDAQ:ECHO stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 09/14/2016 --Echo Global Logistics, Inc is under investigation over potential securities laws violations. The investigation was announced for investors in NASDAQ:ECHO shares in connection certain financial statements made by Echo Global Logistics, Inc.

Investors who purchased shares of Echo Global Logistics, Inc. (NASDAQ:ECHO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether a series of statements by Echo Global Logistics, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On September 8, 2016, a report alleged that Echo Global Logistics, Inc's management and founders have misled Company investors regarding Echo Global Logistics, Inc's technology and competitive advantage, as well as misleading investors regarding the success of Echo's acquisitions. The report further alleged that Echo Global Logistics, Inc's recent headquarter lease expansion placed Echo Global Logistics, Inc in violation of a debt covenant; and that "rampant accounting and financial concerns" are "evident," at the Echo Global Logistics, Inc. Shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) declined to as low as $22.93 per share on September 13, 2016.

Those who purchased shares of Echo Global Logistics, Inc. 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

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/722845