U.S. Concrete Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: U.S. Concrete Inc
Stock Symbol : NASDAQ:USCR
Class Period Start: 03/06/2015
Class Period End: 03/23/2017
Lead Plaintiff motion: 05/29/2017
Date Filed: 03/28/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the Northern District of Texas
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the May 30, 2017 lead plaintiff deadline in a class action lawsuit filed against U.S. Concrete Inc (NASDAQ: USCR) (“U.S. Concrete” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of Texas and investors, who purchased U.S. Concrete Inc securities between March 6, 2015 and March 23, 2017, have until May 30, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased U.S. Concrete Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that U.S. Concrete lacked effective internal controls over financial reporting; and consequently, defendants' statements about U.S. Concrete's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.

On March 24, 2017, U.S. Concrete revealed the resignation of its Chief Financial Officer, Joseph Tusa, and advised investors that it had dismissed its previous auditor, Grant Thornton, and engaged Ernst & Young as its new public accounting firm.

On this news, NASDAQ: USCR dropped as much as $7.30 per share, or 10.94%, during intraday trading on March 24, 2017.

If you were negatively impacted by your investment in U.S. Concrete Inc securities between March 6, 2015 and March 23, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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