Press release
Investigation over potential Wrongdoing announced for Investors who lost money in shares of Forward Air Corporation (NASDAQ: FWRD)
An investigation on behalf of investors in Forward Air Corporation (NASDAQ: FWRD) shares over potential wrongdoing.
Investors who purchased shares of Forward Air Corporation (NASDAQ: FWRD) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Forward Air officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Greeneville, TN based Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. Forward Air Corporation reported that its annual Total Revenue declined from over $1.67 billion in 2022 to over $1.37 billion in 2023, and that its Net Income declined from $193.19 million in 2022 to $167.35 million in 2023.
On May 8, 2024, Forward Air Corporation disclosed its financial performance for the first quarter of 2024. The company reported a non-GAAP EPS (Earnings Per Share) of -$0.64, missing estimates by $0.49. Additionally, the firm's revenue also fell short by $62.2 million, totaling $541.81 million instead of the projected figures.
Shares of Forward Air Corporation (NASDAQ: FWRD) declined from $121.38 per share on July 27, 2023, to as low as $12.85 per share on May 09, 2024.
Those who purchased shares of Forward Air Corporation (NASDAQ: FWRD) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, 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, investigations, and/or settlements are not filed/initiated/reached and/or are not 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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Investigation over potential Wrongdoing announced for Investors who lost money in shares of Forward Air Corporation (NASDAQ: FWRD) here
News-ID: 3537249 • Views: …
More Releases from Shareholders Foundation, Inc.
NASDAQ: REPL Investor Alert: Lawsuit against Replimune Group, Inc. seeks to reco …
An investor, who purchased shares of Replimune Group, Inc. (NASDAQ: REPL), filed a lawsuit over alleged violations of Federal Securities Laws by Replimune Group, Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Replimune Group, Inc. (NASDAQ: REPL) have certain options and for certain investors are short and strict deadlines running. Deadline: October 5, 2026. NASDAQ: REPL investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
NYSE: BMI Long Term Investor Alert: Investigation over potential Wrongdoing by c …
An investigation was announced for long-term investors in shares of Badger Meter, Inc. (NYSE: BMI) concerning potential breaches of fiduciary duties by certain directors of Badger Meter, Inc. was announced.
Investors who are current long term investors in Badger Meter, Inc. (NYSE: BMI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term…
Lawsuit Alert: Investors who lost money with ARS Pharmaceuticals, Inc. (NASDAQ: …
An investor, who purchased shares of ARS Pharmaceuticals, Inc. (NASDAQ: SPRY), filed a lawsuit over alleged violations of Federal Securities Laws by ARS Pharmaceuticals, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of ARS Pharmaceuticals, Inc. (NASDAQ: SPRY) have certain options and for certain investors are short and strict deadlines running. Deadline: October 5, 2026. NASDAQ: SPRY investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Investigation Alert: Investors in GeneDx Holdings Corp. (NASDAQ: WGS) should con …
An investigation was announced for current long-term investors in shares of GeneDx Holdings Corp. (NASDAQ: WGS) concerning potential breaches of fiduciary duties by certain directors and officers of GeneDx Holdings Corp.
Investors who are current long term investors in GeneDx Holdings Corp. (NASDAQ: WGS) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term…
More Releases for Air
Air Ambulance Market Is Going to Boom |• Air Methods • PHI Air Medical • A …
Worldwide Market Reports has released an in-depth study titled "Air Ambulance Market Size and Forecast 2026-2033: By Manufacturers, Regions, Types, and Applications." This research is built on a robust blend of primary interviews and validated secondary data, delivering a reliable and forward-looking analysis of the global market landscape.
The report provides a data-driven evaluation of historical trends alongside future projections, offering a clear view of how the Air Ambulance market is…
Air Medical Services Market 2019 Development Status - EMS 24-7, Air Methods, PHI …
Global Air Medical Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 offers a stronger and effective business outlook. The report deals with a complete overview of Air Medical Services market which comprises definitions, a wide range of statements and an entire chain structure. The report delivers an in-depth analysis of different attributes of industries such as trends, developments, policies, and clients operating in different regions. The…
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 …
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and…
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in…
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North…
