INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims against Motorcar Parts of America Inc.
NEW YORK--(BUSINESS WIRE)--Jan 4, 2019--The law firm of Kirby McInerney LLP is investigating potential claims against Motorcar Parts of America Inc. (“Motorcar Parts” or the “Company”) (NASDAQ: MPAA ). This investigation concerns whether Motorcar Parts has violated federal securities laws and/or engaged in other unlawful business practices.
On November 9, 2018, the Company announced that it was delaying the filing of its fiscal second quarter Form 10-Q while it evaluates its accounting policies for new business contracts.
On this news, Motorcar Parts shares fell $4.58, or 21%, to close at $17.20 on November 9, 2018.
If you acquired Motorcar Parts securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at firstname.lastname@example.org, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005540/en/
CONTACT: Kirby McInerney LLP
Thomas W. Elrod, Esq., (212) 371-6600
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Kirby McInerney LLP
Copyright Business Wire 2019.
PUB: 01/04/2019 08:00 PM/DISC: 01/04/2019 08:01 PM