An investigation for investors in Knight-Swift Transportation Holdings Inc. (NYSE: KNX) shares over potential securities laws violations by Knight-Swift Transportation Holdings Inc. was announced.
San Diego, CA -- (SBWIRE) -- 10/22/2018 -- An investigation was announced concerning potential securities laws violations by Knight-Swift Transportation Holdings Inc. in connection with certain financial statements.
Investors who purchased shares of Knight-Swift Transportation Holdings Inc. (NYSE: KNX), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Knight-Swift Transportation Holdings Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Phoenix, AZ based Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation and logistics services in the United States, Mexico, and Canada. Knight-Swift Transportation Holdings Inc. reported that its annual Total Revenue rose from over $1.11 billion in 2016 to over $2.42 billion in 2017 and that its Net Income increased from $93.86 million in 2016 to $484.29 million in 2017.
Shares of Knight-Swift Transportation Holdings Inc. (NYSE: KNX) declined from $50.23 per share in March 2018 to as low as $30.68 per share on October 11, 2018.
Those who purchased shares of Knight-Swift Transportation Holdings Inc. (NYSE: KNX) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
The Shareholders Foundation, Inc. is a professional portfolio monitoring and 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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