EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Motorcar Parts of America, Inc. – MPAA
NEW YORK--(BUSINESS WIRE)--Dec 31, 2018--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Motorcar Parts of America, Inc. (NASDAQ: MPAA) resulting from allegations that Motorcar may have issued materially misleading business information to the investing public.
On November 9, 2018, Motorcar announced it was delaying the filing of its fiscal second quarter Form 10-Q while it evaluated its accounting policies for new business contracts. On this news, shares of Motorcar’s stock fell $4.58 per share or 21% to close at $17.20 per share on November 9, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Motorcar investors. If you purchased shares of Motorcar please visit the firm’s website at https://www.rosenlegal.com/cases-1486.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20181231005102/en/
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34thFloor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: The Rosen Law Firm, P.A.
Copyright Business Wire 2018.
PUB: 12/31/2018 10:49 AM/DISC: 12/31/2018 10:49 AM