Landstar System, Inc. (LSTR) Securities Fraud Investigation - Levi & Korsinsky
NEW YORK CITY, NY / ACCESS Newswire / October 29, 2026 /Levi & Korsinsky notifies investors that it has commenced an investigation into Landstar System, Inc. ("Landstar System, Inc.") (NASDAQ:LSTR) concerning potential violations of the federal securities laws.
Landstar System, Inc. shares opened down approximately $25.65, or about 15.2% on October 28, 2026, after the company reported third-quarter earnings that missed analyst expectations. Although quarterly revenue grew approximately 25% year-over-year to $1.512 billion, overall profitability was weighed down by a sharp increase in insurance and claim costs. Insurance and claim expenses rose to $55.3 million from $33.0 million in the prior-year period, hurting bottom-line performance despite top-line growth.
If you suffered a loss on your Landstar System, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY:Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
SOURCE:Levi & Korsinsky, LLP
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