SAN FRANCISCO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Advance Auto Parts, Inc. (NYSE:AAP) investors who suffered substantial losses to submit your losses now.
Class Period: Nov. 16, 2022 – May 30, 2023 | |
Lead Plaintiff Deadline: Dec. 8, 2023 | |
Visit: www.hbsslaw.com/investor-fraud/AAP | |
Contact An Attorney Now: | AAP@hbsslaw.com |
844-916-0895 | |
Advance Auto Parts, Inc. (NYSE:AAP) Securities Fraud Class Action:
The complaint alleges that defendants made false and misleading statements and failed to disclose that Advance Auto Parts: 1) misrepresented the efficacy of AAP's strategic pricing initiative and the impact of price reductions; 2) omitted and/or concealed the negative impacts of the pricing initiative; 3) provided investors with an overly optimistic perception of AAP's operations; and 4) created the false impression that inflation and macroeconomic factors had an insubstantial impact on the Company's margins.
The truth emerged on May 31, 2023, when the company announced disappointing Q1 2023 financial results. While ...
AAP) Investors with Substantial Losses to Contact its Attorneys Before Dec. 8th Deadline in Securities Fraud Class Action>Full story available on Benzinga.com