3070 Bristol Pike, Suite 112, Bensalem, PA 19020
Call Us: (215) 638-4847 |
Fax: (215) 638-4867
Press Release
hsmith@howardsmithlaw.comThis investigation is for anyone who acquired securities in FreightCar America, Inc. (NASDAQ: RAIL) prior to October 19, 2026.
The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors of an issue with a large customer and compromised the customer’s ability to pay the Company.
On October 19, 2026, FreightCar America announced preliminary third quarter 2026 results and disclosed that it was removing 1,285 railcars associated with its tank car retrofit order from its backlog after determining that the customer was unlikely to fulfill its contractual obligations. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in FreightCar America, Inc. (NASDAQ: RAIL) prior to October 19, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
Copyright © 2026 The Law Offices of Howard G. Smith. All Rights Reserved.