INVESTIGATION UPDATE for USX and BWXT: Levi & Korsinsky, LLP Reminds Investors of Investigations on Behalf of Shareholders

Globe Newswire 14-Nov-2018 12:14 PM

NEW YORK, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.

U.S. Xpress Enterprises (NYSE:USX)
Levi & Korsinsky announces it has commenced an investigation of U.S. Xpress Enterprises (NYSE:USX) concerning possible violations of federal securities laws.

To obtain additional information about the USX investigation, go to: https://www.zlk.com/pslra-1/u-s-xpress-enterprises-inc-loss-form.

BWX Technologies, Inc. (NYSE:BWXT)
Levi & Korsinsky announces it has commenced an investigation of BWX Technologies, Inc. ("BWX" or "the Company") (NYSE:BWXT) concerning possible violations of federal securities laws.

On November 6, 2018, BWX announced its financial and operating results for the third quarter of 2018 in a Form 10-Q with the United States Securities and Exchange Commission. In a press release issued the same day, BWX President and CEO Rex D. Geveden stated that "third quarter results were negatively impacted by a reserve on missile tubes and increased interest expense…" Following this news, BWX's stock price fell from a close of $60.67 per share on November 6, 2018, to a close of $46.26 per share the following day.

To obtain additional information about the BWXT investigation go to: https://www.zlk.com/pslra-1/bwx-technologies-inc-loss-form.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com