Inactive Instrument

U.S. Concrete, Inc.

USCR

US90333L2016

US Concrete Inc : Lawsuit for Investors in NASDAQ: USCR Shares Against US Concrete Inc. Announced by Shareholders Foundation

May 31, 2017 at 09:49 am EDT

SAN DIEGO, CA / ACCESSWIRE / May 31, 2017 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors who purchased NASDAQ: USCR shares against US Concrete Inc. over alleged Securities Laws Violations.

Investors, who purchased shares of US Concrete Inc. (NASDAQ: USCR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779-1554.

On March 24, 2017, US Concrete Inc. disclosed the resignation of the Company's Chief Financial Officer, Joseph Tusa, and informed investors that US Concrete Inc. had dismissed its previous auditor, Grant Thornton, and hired Ernst & Young as its new public accounting firm. US Concrete Inc. has also informed investors that U.S. Concrete's internal control over financial reporting wasn't effective due to material weaknesses.

On March 28, 2017, a lawsuit was filed against US Concrete Inc. over alleged securities laws violations. The plaintiff claims that the defendants made allegedly false and/or misleading statements and/or failed to disclose that the Company lacked effective internal controls over financial reporting, and that as a result of the foregoing, U.S. Concrete's public statements were materially false and misleading at all relevant times.

Those who purchased US Concrete Inc. (NASDAQ: USCR) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.

Latest news about U.S. Concrete, Inc.

Smyrna Ready Mix, LLC acquired USC Atlantic, Inc. from U.S. Concrete, Inc.	22-11-24	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) dropped from S&P Global BMI Index	21-08-30	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) dropped from S&P 1000	21-08-30	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) dropped from S&P TMI Index	21-08-30	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) dropped from S&P Composite 1500	21-08-30	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) dropped from S&P 600	21-08-30	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) dropped from S&P 600 Materials	21-08-30	CI
U.S. Concrete, Inc. Terminates the Fourth Amended and Restated Loan and Security Agreement	21-08-26	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) dropped from NASDAQ Composite Index	21-08-26	CI
Vulcan Materials Company completed the acquisition of U.S. Concrete, Inc. from Dimensional Fund Advisors L.P., The Vanguard Group, Inc., BlackRock, Inc. and others.	21-08-25	CI
Bio Techne : to Join S&P 500 Aug. 30; Saia, Mimecast, Option Care Health Get MidCap 400 Nod	21-08-24	MT
U S Concrete : Expects Acquisition by Vulcan Materials to Close Around Aug. 26	21-08-24	MT
U.S. Concrete, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-05	CI
Insider Trends: Insider at US Concrete Acquires Stock Via Conversion of Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact	21-06-29	MT
Insider Trends: Insider at US Concrete Acquires Stock Via Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact	21-06-29	MT
U.S. Concrete, Inc. Enters into the Fourth Amended and Restated Loan and Security Agreement	21-06-25	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) added to Russell 2500 Growth Index	21-06-25	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) added to Russell 2000 Growth Index	21-06-25	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) added to Russell Small Cap Comp Growth Index	21-06-25	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) added to Russell 3000 Growth Index	21-06-25	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) added to Russell Microcap Growth Index	21-06-25	CI
U.S. Concrete, Inc.(NasdaqGS:USCR) added to Russell 3000E Growth Index	21-06-25	CI
U S CONCRETE : CJS Securities Downgrades US Concrete to Market Perform From Outperform; Price Target Lowered to $74 From $80	21-06-15	MT
Vulcan Materials : Buys U.S. Concrete for $1.29 Billion to Expand Construction Materials Sales in Key Regions	21-06-07	MT
DJ Industrial : Wall Street Wavers Pre-Bell as G7 Nations Initiate Global Tax Reform	21-06-07	MT

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Company Profile

U.S. Concrete, Inc. is a heavy building materials supplier of aggregates and ready-mixed concrete in select geographic markets in the United States, the United States Virgin Islands and Canada. The Company operates through two segments: ready-mixed concrete and aggregate products. Ready-mixed concrete segment engages in the formulation, production and delivery of ready-mixed concrete to the customersâ job sites. It provides its ready-mixed concrete from its operations in Texas, New Jersey, New York City, Washington, D.C., Philadelphia, Northern California, Oklahoma and the United States Virgin Islands. Aggregate products segment produces crushed stone, sand and gravel from approximately 20 aggregates facilities located in British Columbia, Canada, Texas, Oklahoma, New Jersey, New York, and the United States, Virgin Islands. It sells aggregates for use in commercial, industrial and public works projects, as well as consume them internally in the production of ready-mixed concrete.

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Construction Materials

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