INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf Of Investors Of Construction Partners, Inc. - ROAD

(MENAFN- PR Newswire)

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of construction Partners, Inc. ("Construction Partners" or the "Company") (NASDAQ: ROAD ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Construction Partners and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On January 23, 2025, Spruce Point Research ("Spruce Point") published a short report alleging, among other things, that Construction Partners' "business is under greater pressure than is widely understood, which is masked by poor transparency and aggressive financial presentation methods."

Following publication of the Spruce Point report, Construction Partners' stock price fell $10.20 per share, or 10.99%, to close at $92.78 per share on January 23, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See .

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

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