Securities Class Action Filed Against Corporate Resource Services, Inc.

Violations of federal securities laws as a result of a series of materially false statements. The Complaint alleges that Defendants violated the Securities Exchange Act of 1934 by virtue of their failure to disclose, during the Class Period, that Tri-State Employment Services, Inc., CRS’s contractual co-employer, had an unpaid federal payroll tax liability. According to the Complaint, following the Company’s January 12, 2015 announcement of the resignation of its Chief Financial Officer, Michael Golde, the Company’s February 3, 2015 announcement that it was not in compliance with its Net Worth covenants under certain bank agreements, as well as the Company’s bankruptcy filing, and following its February 6, 2015 announcement that its financial statements for the year ended January 3, 2014 and the quarters ended April 4, 2014, July 4, 2014, and October 3, 2014 could no longer be relied upon, the value of CRS shares declined significantly. Filed in E.D.N.Y.

Lead Plaintiff Deadline: The deadline to file for lead plaintiff in this action is 5/1/2015.

Join This Action: To apply to join this action and be represented by Shepherd, Finkelman, Miller & Shah, LLP, please click here for a certification form to submit your information.

Send Us Information: If you have information about this action that you would like to provide us, please click here.

A Message to Our Clients About Coronavirus COVID-19:

A Message to Our Clients About Coronavirus COVID-19

At Shepherd, Finkelman, Miller & Shah, LLP, we view the safety and well-being of our clients, staff and business partners as our highest priority.

The situation regarding the COVID-19 virus is continually changing, and we are following all recommended guidelines to stay healthy. As a result, our lawyers and staff are working remotely in accordance with the CDC's recommendations. We continue to work for all of our clients and are happy to arrange for phone or video consultations. We are also able to exchange documents via secure drives or email.

Please contact us online or call 866-540-5505 with any questions.

Thank you and take care.