SHAREHOLDER ALERT: Investigation of Covenant Logistics Group, Inc. (CVLG) Announced by Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC

Atlanta, Georgia--(Newsfile Corp. - January 31, 2023) - Holzer & Holzer, LLC is investigating whether Covenant Logistics Group, Inc. ("Covenant Logistics" or the "Company") (NASDAQ: CVLG) complied with federal securities laws. On January 25, 2023, the Company released fourth quarter financial results, including non-GAAP earnings that missed consensus estimates. The Company attributed the results, at least in part to, "an unusual expense from two items: (i) an early lease abandonment and disposal charge and (ii) excess equipment due to delivery of a large number of new tractors combined with delays in removing existing leased tractors from operations." Following that disclosure, the Company's stock dropped.

If you purchased Covenant Logistics stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at  cholzer@holzerlaw.com  or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at https://holzerlaw.com/case/covenant-logistics/ to discuss your legal rights.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. 

CONTACT: 
Corey Holzer, Esq. 
(888) 508-6832 (toll-free) 
cholzer@holzerlaw.com

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