Recent Security Class Actions

According to the Complaint, Ryder is a global provider of transportation and supply chain management products, including leasing trucks to end users.

The Complaint alleges that Defendants inflated Ryder’s financial results by systematically overstating the residual value of its trucking fleet, and that as a result of Defendants’ misrepresentations, shares of Ryder’s common stock traded at artificially inflated prices during the Class Period.