The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors ofLandstar System, Inc. (“Landstar” or “the Company”) (NASDAQ: LSTR) for violations of the securities laws.
https://mma.prnewswire.com/media/1396534/Schall_Firm_Logo.jpg
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Landstar admitted on April 2, 2025, that it had “identified a significant supply chain fraud,” which could “adversely affect Landstar's 2025 first quarter earnings per share in a range of $0.35 to $0.50.”The Company withdrew its previous Q1 2025 guidance based on this discovery. The Company then disclosed on April 25, 2025, that it would fail to file its quarterly report in a timely manner because it had not completed its ongoing investigation of the fraud it had identified.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website atwww.schallfirm.com, or by email atbschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law FirmBrian Schall, Esq. 310-301-3335info@schallfirm.comwww.schallfirm.com
https://c212.net/c/img/favicon.png?sn=LA90751&sd=2025-05-19
View original content to download multimedia:https://www.prnewswire.com/news-releases/lstr-investors-have-opportunity-to-join-landstar-system-inc-fraud-investigation-with-the-schall-law-firm-302458622.html
SOURCE The Schall Law Firm
https://rt.newswire.ca/rt.gif?NewsItemId=LA90751&Transmission_Id=202505191019PR_NEWS_USPR_____LA90751&DateId=20250519