SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Corporate Resources Services Inc. - CRRS

NEW YORK, March 2, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Corporate Resources Services Inc. ("Corporate Resources" or the "Company") (NASDAQ: CRRS).  Such investors are advised to contact Robert S. Willoughby at [e-mail] or 888-476-6529, ext. 237.

The investigation concerns whether Corporate Resources and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

Beginning in February 2015, a series of partial disclosures by the Company revealed that: (a) CRRS was noncompliant with the terms of its funding agreement with Wells Fargo; (b) investors should no longer rely on the Company's financial statements for 2014; (c) several members of the Company's audit committee resigned; and (d) the Company will not fund an internal investigation required by the former audit committee members.

The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, 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, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm 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 www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
[e-mail]

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-corporate-resources-services-inc--crrs-300043764.html

SOURCE Pomerantz LLP

Copyright 2015 PR Newswire