INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Violations of Federal Securities Laws by the Board of Swift Transportation Company

Levi & Korsinsky announces it has commenced an investigation of Swift Transportation Company (NYSE: SWFT) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.

On January 26, 2016, after spending $100 million on share repurchases in November 2015 and January 2016, Swift’s CEO, Jerry Moyes, announced that he wanted Swift to spend $200 million buying back shares—a buyback that would retire approximately 9% of Swift’s stock, supporting its price and easing pressure on Moyes’ margin loans. Notably, Swift’s stock is down by 40% from a year ago. Then on January 28, 2016, it was reported in The Wall Street Journal that Moyes pledged more than $600 million of his holdings in Swift as collateral for loans or loan-like contracts. This amount is more than the 10% limit on the amount of personal Swift holdings a director or senior officer may pledge, and the Board has repeatedly granted extensions for Moyes to meet this limit. To obtain additional information, go to:

http://zlk.9nl.com/swift-transportation-swft

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

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