Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Landstar System, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Why Is Landstar System, Inc. (LSTR) Under Investigation?
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of shareholders of Landstar System, Inc. (NASDAQ: LSTR).
On October 27, 2026, after the market closed, Landstar reported third-quarter financial results, including earnings of $1.42 per share, below analysts’ expectations of $1.67 per share. Although revenue increased approximately 25% year over year to $1.512 billion, elevated insurance and claim costs weighed on earnings. These costs rose to $55.3 million from $33.0 million in the prior-year period.
Following these disclosures, Landstar shares opened at $143.13 on October 28, 2026, down $25.65 per share, or approximately 15.2%, from the previous closing price. Shares subsequently closed at $138.80, a decline of $29.98 per share, or approximately 17.76%.
What Potential Securities Violations Is BG&G Investigating?
- Whether Landstar System, Inc. and certain of its officers made false or misleading statements regarding the Company's financial condition and business prospects.
- Whether Landstar System, Inc. failed to disclose material adverse information that would have been significant to a reasonable investor.
- Whether the Company's earnings guidance was supported by a reasonable factual basis at the time it was made.
What Should Landstar System, Inc. (LSTR) Investors Do?
How Is Landstar System, Inc. (NASDAQ: LSTR) Stock Trading Today?
Interactive chart showing the weekly share price history of NASDAQ:LSTR (NASDAQ:LSTR).
How Does BG&G Help Investors in Securities Fraud Investigations?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
We handle cases on a contingency fee basis — we advance all litigation costs on your behalf. There is no fee unless we are successful.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”