1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution
Shareholders Foundation, Inc. Logo

YRC Worldwide, Inc. (NASDAQ:YRCW) Investor Alert: Investigation

An investigation for certain investors in shares of YRC Worldwide, Inc. (NASDAQ:YRCW) was announced and NASDAQ:YRCW stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 
PRLog - Jan. 13, 2014 - An investigation on behalf of investors who purchased shares of YRC Worldwide, Inc. (NASDAQ:YRCW) between April 24, 2008 and April 23, 2009 and sold any of those shares between April 24, 2009 and November 2, 2009, was announced.

If you purchased shares of YRC Worldwide, Inc. (NASDAQ:YRCW) between April 24, 2008 and April 23, 2009 and sold any of those shares between April 24, 2009 and November 2, 2009, you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com (mailto:mail@shareholdersfoundation.com) or call +1(858) 779 - 1554.

YRC Worldwide, Inc. currently faces a lawsuit over alleged securities laws violations. In 2011 an investor in shares of YRC Worldwide Inc. (NASDAQ:YRCW) filed a lawsuit in the United States District Court for the District of Kansas alleging YRC Worldwide Inc violated Federal Securities Laws. The plaintiff alleges on behalf of purchasers of YRC Worldwide Inc. (NASDAQ:YRCW) securities between April 24, 2008 and November 2, 2009 that YRC Worldwide Inc and certain of its officers and directors violated the Securities Exchange Act of 1934 by failing to disclose between April 24, 2008 and November 2, 2009 material adverse facts about YRC Worldwide’s true financial condition, business and prospects. Specifically, the plaintiff claims that defendants’ statements were materially false and misleading because they misrepresented and overstated the financial condition of YRC Worldwide Inc and had the intended effect of causing YRCW shares to trade at artificially inflated levels between April 24, 2008 and November 2, 2009 reaching a high of over $20 per share during August 2008.

Shares of YRC Worldwide, Inc. (NASDAQ:YRCW) closed on November 29, 2013 at $9.00 per share.

Those who purchased shares of YRC Worldwide, Inc. (NASDAQ:YRCW) between April 24, 2008 and April 23, 2009 and sold any of those shares between April 24, 2009 and November 2, 2009, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Contact
Shareholders Foundation, Inc.
+1-(858)-779-1554
mail@shareholdersfoundation.com

--- End ---

Click to Share

Contact Email:
***@shareholdersfoundation.com Email Verified
Source:Shareholders Foundation, Inc.
Industry:Business, Finance
Tags:yrc worldwide, nasdaq: yrcw, yrcw, lawsuit
Shortcut:prlog.org/12267079
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share