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The filed complaint alleges that Landstar System, Inc. made materially false and/or misleading statements and/or failed to disclose that: On April 25, 2025, Landstar System filed a Notification of Late Filing regarding its inability to file its Quarterly Report on Form 10-Q for the period ended March 29, 2025. Landstar System reported the need for additional time to complete its evaluation of certain accounting and internal control matters related to a previously disclosed supply chain fraud. Following this news, Landstar System's stock price dropped more than 4% during intraday trading on the same day.
In order to be eligible to join the LSTR class action lawsuit, you must have incurred a loss on shares of Landstar System, Inc. purchased during the class period listed above.
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