January 18 Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Against Roadrunner Transportation Systems, Inc.

LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP (“GPM”) reminds investors that a class action complaint has been filed on behalf of a class of Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “Company”) (NYSE: RRTS) investors who purchased shares between July 30, 2015 and October 26, 2015, inclusive (the “Class Period”). Roadrunner investors are encouraged to contact GPM to discuss their legal rights.

On October 26, 2015, after the market closed, the Company announced that it was lowering its third quarter diluted earnings guidance to between $0.14 and $0.17 per share. On this news, Roadrunner shares plummeted by as much as $8.07, or more than 45%, to $9.60 per share during intra-day trading on October 27, 2015, thereby injuring investors.

The complaint alleges that Roadrunner made materially false and misleading statements and/or failed to announce that: (1) the avian flu epidemic would have a negative impact on Roadrunners’ financial condition; and (2) as a result the Company’s statements about its business, operations, and prospects were substantially false and misleading.

If you purchased shares of Roadrunner during the Class Period you may move the Court no later than January 18, 2016 to request appointment as lead plaintiff, or if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160113005468/en/

Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
[email protected]
www.glancylaw.com

Source: Glancy Prongay & Murray LLP

You May Also Be Interested In

• Growth isn't weak enough to truly undercut inflation pressures - BMO
• PayPal (PYPL) stock: Risk-reward 'finally looks favorable' says Deutsche Bank
• American International Group (AIG) PT Raised to $89 at Piper Sandler