NYSE:USX Investor Alert: Investigation over Potential Wrongdoing at U.S. Xpress Enterprises, Inc.
An investigation on behalf of investors in U.S. Xpress Enterprises, Inc. (NYSE:USX) shares over potential wrongdoing at U.S. Xpress Enterprises, Inc. was announced.
San Diego, CA -- (SBWire) -- 03/30/2022 --An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at U.S. Xpress Enterprises, Inc.
Investors who purchased shares of U.S. Xpress Enterprises, Inc. (NYSE: USX) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain U.S. Xpress Enterprises directors breached their fiduciary duties and caused damage to the company and its shareholders.
Chattanooga, TN based U.S. Xpress Enterprises, Inc. operates as an asset-based truckload carrier providing services primarily in the United States. On February 9, 2022, U.S. Xpress Enterprises, Inc. announced its results for the fourth quarter of 2021. Among other items, U.S. Xpress reported non-GAAP earnings per share of -$0.08, missing consensus estimates by $0.20. Shares of U.S. Xpress Enterprises, Inc. (NYSE: USX) declined from $6.23 per share in early January 2022 to as low as $3.07 per share on February 10, 2022.
Those who purchased shares of U.S. Xpress Enterprises, Inc. (NYSE: USX), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Media Relations Contact
Christopher Clausen
Shareholders Foundation, Inc.
1-858-779-1554
https://www.shareholdersfoundation.com/
View this press release online at: http://rwire.com/1355446