Lawsuit for Investors in NASDAQ: USCR Shares Against US Concrete Inc. Announced by Shareholders Foundation

SAN DIEGO, CA / ACCESSWIRE / May 31, 2017 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors who purchased NASDAQ: USCR shares against US Concrete Inc. over alleged Securities Laws Violations.

Investors, who purchased shares of US Concrete Inc. (NASDAQ: USCR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779-1554.

On March 24, 2017, US Concrete Inc. disclosed the resignation of the Company’s Chief Financial Officer, Joseph Tusa, and informed investors that US Concrete Inc. had dismissed its previous auditor, Grant Thornton, and hired Ernst & Young as its new public accounting firm. US Concrete Inc. has also informed investors that U.S. Concrete’s internal control over financial reporting wasn’t effective due to material weaknesses.

On March 28, 2017, a lawsuit was filed against US Concrete Inc. over alleged securities laws violations. The plaintiff claims that the defendants made allegedly false and/or misleading statements and/or failed to disclose that the Company lacked effective internal controls over financial reporting, and that as a result of the foregoing, U.S. Concrete’s public statements were materially false and misleading at all relevant times.

Those who purchased US Concrete Inc. (NASDAQ: USCR) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.

ReleaseID: 464499