Ademi & Fruchter LLP Investigates Claims of Securities Fraud against Proficient Auto Logistics, Inc.

Ademi & Fruchter LLP is investigating possible securities fraud claims against Proficient Auto Logistics (NASDAQ: PAL). The investigation results from inaccurate statements Proficient Auto Logistics made regarding its business operations and prospects.

Click here to join our investigation or to obtain additional information, or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.

The investigation focuses on Proficient Auto Logistics’ October 16, 2024 update of its financial results just a few months after the completion of its IPO. Proficient Auto Logistics reported an expected decline in revenues of between 14 - 16% for its third quarter results compared to combined revenue for the third quarter of 2023. Its stock dropped more than 28% and has yet to recover.

The investigation covers the period between May 2024 and October 2024.

We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

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