The Shareholders Foundation announces that an investigation on behalf of investors of Essex Rental Corp. (NASDAQ:ESSX) shares was initiated over potential securities laws violations by Essex Rental Corp. and certain of its directors.
Investors who purchased shares of Essex Rental Corp. (NASDAQ:ESSX) 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 focuses on possible claims on behalf of purchasers of the securities of Essex Rental Corp. (NASDAQ:ESSX) concerning whether a series of statements by Essex Rental regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On February 26, 2015, Essex Rental Corp. announced that its earnings release 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 Rental Corp. stated that if any change in classification of the revolving credit facilities would likely result in a restatement of prior period balance sheets. Shares of Essex Rental Corp. (NASDAQ:ESSX) declined to as low as $0.64 per share on March 10, 2015.
Those who purchased shares of Essex Rental Corp. (NASDAQ:ESSX) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com