Defendant Name: Roadrunner Transportation Systems, Inc.

Defendant Type: Public Company

Document Reference: 33-11156-s

Document Details

Legal Case Name In the Matter of Roadrunner Transportation Systems, Inc.
Document Name SEC Charges Roadrunner Transportation Systems, Inc. with Accounting Fraud
Document Date 14-Feb-2023
Document Format Administrative Proceeding
File Number 3-21301
Allegation Type Issuer Reporting and Disclosure
Document Summary The SEC: "announced settled charges against Roadrunner Transportation Systems, Inc. for engaging in a multi-year accounting fraud scheme from at least July 2013 through January 2017. Roadrunner is a shipping and logistics company based in Downers Grove, Illinois."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Monetary Penalties:

Disgorgement

Individual:     $7,096,092.00 Shared:    

Pre-Judgment Interest

Individual:     $2,539,820.00 Shared:    

Related Documents:

33-11156 14-Feb-2023 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On February 14, 2023, the SEC instituted settled cease-and-desist proceedings against Roadrunner Transportation Systems, Inc, stating: "From at least July 2013 through January 2017, Roadrunner engaged in a multi-year accounting fraud scheme by manipulating its financial reports to hit prior earnings guidance and analyst projections."

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