Johnson Fistel, PLLP is investigating RXO, Inc. for potential violations of federal securities laws, alleging misrepresentation or failure to disclose material information. The law firm is looking into losses suffered by investors who purchased RXO securities. Those with nonpublic information may be eligible for rewards under the SEC Whistleblower program.
Johnson Fistel, PLLP, a leading shareholder rights law firm, has initiated an investigation into RXO, Inc. (NYSE: RXO) to determine if the company or its officers and directors violated federal securities laws. The firm is examining whether RXO misrepresented or failed to disclose material information to investors, potentially leading to losses for shareholders [1].
The investigation is particularly relevant for investors who purchased RXO securities and suffered financial losses. Johnson Fistel is encouraging those affected to join the investigation by contacting Jim Baker at jimb@johnsonfistel.com or (619) 814-4471. The firm emphasizes that there is no cost or obligation to participate [1].
In addition to investor losses, Johnson Fistel is also interested in nonpublic information about RXO. Individuals with such information may be eligible for rewards under the SEC Whistleblower program, which can provide up to 30% of any successful recovery made by the SEC [1].
Johnson Fistel has a strong track record in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in 2024 alone [1]. The firm's offices are located in California, New York, Georgia, Idaho, and Colorado, and it represents both individual and institutional investors in shareholder derivative and securities class action lawsuits.
References:
[1] https://www.morningstar.com/news/globe-newswire/9500634/johnson-fistel-begins-investigation-on-behalf-of-rxo-inc-rxo-shareholders-who-have-incurred-losses
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