ESSEX RENTAL ALERT: National Securities Law Firm Announces Investigation of Potential Accounting Irregularities. Encourages Investors With Significant Losses to Contact Law Firm for More Information
February 27, 2015
New York, New York
Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating Essex Rental Corp. (“Essex” or the “Company”) (“NASDAQ: ESSX”) in connection with potential accounting irregularities by the Company.
On February 26, 2015, Essex announced that its fourth quarter and year-end 2014 operating results and related management conference call and webcast are being rescheduled in order to allow Essex time to evaluate the classification of its revolving credit facilities as current liabilities or long-term obligations. Essex stated that any change in classification of the revolving credit facilities would likely result in a restatement of prior period balance sheets.
On this news, shares of Essex fell from $1.35 per share to $0.75 per share or more than 80%.
If you purchased shares of Essex and have suffered a significant loss from your investment in Essex common stock and would like to learn more about this lawsuit and your ability to potentially recover your losses, please contact us toll free at 1-800-511-7037 or contact us via our website.
Tripp Levy PLLC is a leading national securities and shareholder rights law firm representing both individual and institutional shareholders and, along with its affiliate, have recovered billions of dollars for shareholders. Tripp Levy PLLC is affiliated with Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome