Proficient Auto Logistics, Inc. Securities Lawsuit Investigation

Shamis & Gentile P.A., a law firm that advocates for investors who are victims of securities fraud, is investigating potential claims against Proficient Auto Logistics, Inc. (PAL)

If you purchased or acquired Proficient Auto Logistics securities and suffered losses, you may be eligible to join this securities investigation and seek compensation.

About Proficient Auto Logistics

Proficient Auto Logistics operates in the automotive transportation sector, serving manufacturers, dealerships, and other automotive industry participants.

The company completed its initial public offering in May 2024 and has since pursued growth through acquisitions, including the addition of ATG in August 2024.

Potential Concerns Under Investigation

Lawyers are investigating whether Proficient Auto Logistics may have made statements or omissions that could have misled investors during the period from May 13, 2024 through May 7, 2025. Several key events and disclosures during this period are under review for their potential impact on shareholders.

One area of focus is the company’s public statements regarding its growth prospects and industry conditions. In its IPO registration and Q1 2024 earnings releases, Proficient Auto Logistics management described “industry tailwinds supporting our growth” and anticipated “normalized manufacturing levels and industry tailwinds” for future performance.

However, subsequent results and industry data indicated that auto shipping demand was weakening, not strengthening. The investigation may examine whether the company adequately disclosed these negative trends to investors.

Another concern involves the company’s reporting of financial results. On May 7, 2025, Proficient Auto Logistics announced its first quarter 2025 results, revealing revenue of $95.2 million (down 0.4% year-over-year) and an operating loss of $2.4 million.

The next day, the company’s stock price dropped $0.40, or 4.93%, closing at $7.72. This decline wiped out inflation in the share price that may have resulted from earlier positive statements.

Earlier, on Oct. 16, 2024, Proficient Auto Logistics warned that its third quarter 2024 revenue would be only $90 - $92 million, down about 15% year-over-year. The stock fell nearly 28.8% the next day, suggesting the market was reacting to information that contradicted prior positive outlooks.

Securities attorneys could be looking into whether management’s statements in SEC filings, press releases, and earnings calls were misleading or omitted material facts. For instance, the company made public comments about “strong operating results” and future growth, even as internal metrics appeared to show declining revenue and softening demand.

The investigation might look into whether the company provided information about weakening “spot” prices and declining demand for dedicated fleet services.

The investigation may also consider whether the company’s forward-looking statements about future improvement and industry growth were made without a reasonable basis or without meaningful cautionary language, which could affect their legal protection.

Finally, the investigation might analyze the total damages to investors, including the stocks recent downgrade from 'Outperform' to 'Market Perform.' The $0.40 per share decline on May 8, 2025, could translate to millions of dollars in aggregate losses for the class, depending on the number of shares held by affected investors.

Your Rights and Next Steps

If you purchased or otherwise acquired Proficient Auto Logistics securities between May 13, 2024 and May 7, 2025 and suffered losses, you may have important legal rights. This is currently an investigation, not a filed lawsuit.

However, if the investigation uncovers evidence of securities law violations, it may lead to a class action lawsuit on behalf of affected investors.

Investors who join the investigation may be able to participate in any future recovery or settlement that results from a class action. It is important to act quickly, as securities investigations and any subsequent class actions are subject to strict deadlines.

Investors are encouraged to preserve documentation of their purchases, sales, and losses in Proficient Auto Logistics securities. Lawyers are ready to help determine whether you qualify to participate in the investigation and to answer any questions about your rights as an investor.

You May Be Entitled to Compensation

If you purchased or acquired Proficient Auto Logistics securities and experienced financial losses, you may be eligible to join this investigation. Securities investigations are time-sensitive, and acting promptly can help protect your rights and maximize potential recovery.

To find out if you qualify and to participate in the investigation, complete the form below.