Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor LLP announce that a federal class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Roadrunner Transportation Systems, Inc. ("Roadrunner") (NYSE: RRTS) and several officers and directors for acts taken during the period of July 30, 2015 and October 26, 2015 (the "Class Period").

If you lost more than $75,000.00 from shares purchased during the class period and wish to become proactively involved in the litigation, you are urged to contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at, Patrick Powers at Powers Taylor LLP via email at, or call toll free at (877) 728-9607. Shareholders who suffered a loss during the class period have until January 18, 2016 to seek appointment as lead plaintiff. There is no cost or fee to you.

According to the complaint, the defendants are alleged to have violated certain provisions of the Securities Exchange Act of 1934. Specifically, the complaint alleges, among other things, that defendants failed to disclose during the Class Period that the avian flu epidemic would have an adverse impact on its financial condition. Then, on October 26, 2015, Roadrunner disclosed that poultry, beef and produce freight were lower than expected due to the Midwest and West Coast droughts and the bird flu epidemic. Roadrunner stock dropped significantly immediately following this announcement.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

View source version on

Copyright Business Wire 2010