NEW YORK, March 24, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of U.S. Concrete, Inc. ("U.S. Concrete" or the "Company") (NASDAQ: USCR). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. 9980.
The investigation concerns whether U.S. Concrete and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 24, 2017, U.S. Concrete announced the resignation of the Company's Chief Financial Officer, Joseph Tusa, and advised investors that the Company had dismissed its previous auditor, Grant Thornton, and engaged Ernst & Young as its new public accounting firm.
On this news, U.S. Concrete's share price has fallen as much as $7.30, or 10.94%, during intraday trading on March 24, 2017.
The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
Robert S. Willoughby
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SOURCE Pomerantz LLP