Did you purchase common stock in XPO Logistics (NYSE: XPO) between February 26th, 2014 and December 12th, 2018? If so, you may be eligible to recover financial compensation through a class action lawsuit.
Serious concerns have been raised regarding the accounting and management practices of this company.
If you sustained large investment losses in XPO common stock, you may be able to join a class action securities fraud claim. To learn more about your rights, please call us today at 305.912.3000 for a free consultation.
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Contact us to join this class action
Allegations Against XPO Logistics: Material Misrepresentations
According to a class action lawsuit, the board of directors and corporate officers of XPO Logistics made misleading statements to investors and failed to disclose material information. Specifically, our securities fraud lawyers are investigating the following issues:
- The company’s use of an aggressive mergers and acquisitions strategy that failed to produce the stated results;
- Whether or not XPO used improper accounting procedures to conceal adverse information; and
- If XPO failed to properly bad debts.
If you lost money as a result of false or misleading statements made by XPO Logistics, it is imperative that you take action to protect your rights. Discuss your case with a lawyer today.
Disclaimer: This article contains opinions and NOT statements of fact in any way whatsoever. The information here is general information that should not be taken as legal advice. NO attorney-client relationship is established between you and our attorneys by reading this article. This article is attorney advertising and should not be used as a substitute for legal advice from a qualified securities lawyer.
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