Ex-Roadrunner Execs Charged With $245M Accounting Fraud

Law360 (April 3, 2019, 9:28 PM EDT) -- Federal authorities are accusing three former executives of Roadrunner Transportation Systems Inc., including its ex-chief financial officer, of running a complex accounting fraud scheme that cost shareholders $245 million.

A superseding indictment filed in Wisconsin federal court on Wednesday charges Peter R. Armbruster, 60, with manipulating the trucking company's financial reports and using a variety of deceptive accounting maneuvers to make it appear that Roadrunner was meeting earnings targets.

Wednesday's indictment adds new charges and allegations to one filed by the U.S. Department of Justice last summer against Mark R. Wogsland and Bret S. Naggs, two former controllers for Roadrunner's truckload...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only

Court

Subscribers Only

Nature of Suit

Subscribers Only

Judge

Subscribers Only

Date Filed

Subscribers Only

Law Firms

Companies

Government Agencies

Judge Analytics

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!