XPO Logistics Inc (NYSE:XPO) Investor Investigation Concerning Possible Breaches Of Fiduciary Duties Announced

If you are a current long-term stockholder of shares of XPO Logistics Inc (NYSE:XPO), you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
XPO Logistics
Affected Securities: 

May 14, 2013 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of XPO Logistics Inc (NYSE:XPO) was announced concerning whether certain XPO Logistics officers and directors possibly breached their fiduciary duties in connection with certain statements.

The investigation by a law firm concerns whether certain XPO Logistics officers and directors breached their fiduciary duties and caused damage to the company and its shareholders by, among other things, failing to implement adequate internal controls.

XPO Logistics Inc reported that its annual Total Revenue rose from $157.99 million in 2010 to $278.59 million in 2012. However, its Net Income of $4.89 million in 2010 turned into $20.34 million in 2012.

Shares of XPO Logistics Inc grew from $2.17 per share in June 2011 to as high as $18.59 per share in Feb. 2013.