{"id":9313,"date":"2026-05-21T05:00:00","date_gmt":"2026-05-21T03:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=b3826e7f3ecdd5c3e152147219a43aa6"},"modified":"2026-05-21T05:00:00","modified_gmt":"2026-05-21T03:00:00","slug":"fwrd-shareholder-alert-investors-encouraged-to-contact-kirby-mcinerney-llp-about-potential-securities-laws-violations","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=9313","title":{"rendered":"FWRD SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations"},"content":{"rendered":"

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP<\/a> reminds investors of its investigation on behalf of Forward Air Corporation (\u201cForward Air\u201d or the \u201cCompany\u201d) (NASDAQ:FWRD) investors concerning the Company\u2019s and\/or members of its senior management\u2019s possible violation of the federal securities laws or other unlawful business practices.<\/p><\/a><\/a>

\n[LEARN MORE ABOUT THE INVESTIGATION<\/a>]<\/p>

\nWhat Happened?<\/b><\/p>

\nOn May 7, 2026, Forward Air reported its first quarter 2026 financial results and provided a customer and strategic alternatives update. Among other things, the Company disclosed operating revenues of $582.0 million, compared to $613.3 million in the prior-year period, representing a decrease of 5.1%. The Company also disclosed a net loss of $40.2 million and a net loss attributable to Forward Air of $34.3 million, or $1.09 per diluted share.<\/p>

\nForward Air also disclosed that it was \u201ccurrently in active discussions with one of its largest customers\u201d regarding \u201cthe transition of a significant portion of their business with the Company to other providers.\u201d Forward Air further disclosed that the customer represented approximately $250 million of the Company\u2019s revenue for the fiscal year ended December 31, 2025, and was not a customer of Forward Air\u2019s Less Than Truckload or Intermodal businesses.<\/p>

\nForward Air also provided an update on its strategic alternatives process. The Company disclosed that its review included \u201cextensive negotiations and discussions with multiple parties,\u201d but that \u201cdue to a variety of factors, including the developments in Forward Air\u2019s relationship with the Customer, no actionable proposals for a sale of the Company were ultimately received.\u201d<\/p>

\nOn this news, the price of Forward Air shares declined by $7.46 per share, or approximately 43%, from $17.33 per share on May 7, 2026 to close at $9.87 on May 8, 2026.<\/p>

\nWhat Should I Do?<\/b><\/p>

\nAt this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.<\/p>

\nIf you purchased or otherwise acquired Forward Air securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro<\/a> of Kirby McInerney LLP<\/a> by email at investigations@kmllp.com<\/a>, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.<\/p>

\n[LEARN MORE ABOUT SECURITES CLASS ACTIONS]<\/a><\/p>

\nKirby McInerney LLP<\/a> is a New York-based plaintiffs\u2019 law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm\u2019s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP\u2019s website<\/a>.<\/p>

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

\nKirby McInerney LLP\nLauren Molinaro, Esq.\n212-699-1171\nhttps:\/\/www.kmllp.com<\/a>https:\/\/securitiesleadplaintiff.com\/<\/a>investigations@kmllp.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

NEW YORK–(BUSINESS WIRE)–The law firm of Kirby McInerney LLP reminds investors of its investigation on behalf of Forward Air Corporation (\u201cForward Air\u201d or the \u201cCompany\u201d) (NASDAQ:FWRD) investors concerning the Company\u2019s and\/or members of its senior ma…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9313","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/9313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9313"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/9313\/revisions"}],"predecessor-version":[{"id":9314,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/9313\/revisions\/9314"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}