An investigation for investors in Motorcar Parts of America, Inc. (NASDAQ: MPAA) shares over potential securities laws violations by Motorcar Parts of America, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 01/28/2019 -- Motorcar Parts of America, Inc is under investigation over potential securities laws violations in connection with certain financial statements.
Investors in shares of Motorcar Parts of America, Inc. (NASDAQ: MPAA) have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Motorcar Parts of America, Inc. (NASDAQ: MPAA regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Torrance, CA based Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy duty trucks, and industrial and agricultural application parts. On November 9, 2018, Motorcar Parts of America, Inc announced that filing would be delayed for its fiscal second quarter Form 10-Q while it evaluates its accounting policies for new business contracts. Shares of Motorcar Parts of America, Inc. (NASDAQ: MPAA) declined to as low as $15.06 per share on December 26, 2018.
Those who purchased shares of Motorcar Parts of America, Inc. (NASDAQ: MPAA) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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