U.S. Markets closed

Harwood Feffer LLP Announces Investigation of U.S. Concrete, Inc.

NEW YORK, March 29, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of U.S. Concrete, Inc. ("U.S. Concrete" or the "Company") (USCR) concerning whether the board has breached its fiduciary duties to shareholders.

On March 24, 2017, the Company filed a Form 8-K disclosing that its Chief Financial Officer had resigned and that the board had terminated its independent auditor, Grant Thornton LLP ("Grant Thornton").  According to Grant Thornton's review of the Company financials, during the 2016 fiscal year, U.S. Concrete suffered from a material weakness relating to management review controls associated with the completeness and accuracy of computations relating to income tax accounts and disclosures.

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you own U.S. Concrete shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers:  (877) 935-7400
                           (212) 935-7400
Email:  bsachsmichaels@hfesq.com 
Website:   http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-us-concrete-inc-300431559.html