NEW YORK, April 23, 2019 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Motorcar Parts of America Inc. (“Motorcar Parts” or the “Company”) (NASDAQ: MPAA). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/mpaa.
The investigation concerns whether Motorcar Parts and certain of its officers and/or directors have violated federal securities laws.
On November 9, 2018, Motorcar Parts announced that it was delaying the filing of its quarterly report for the Company’s second fiscal quarter, citing a need to evaluate its accounting policies for new business contracts. On this news, Motorcar Parts’ stock price fell $4.58 per share, or 21.05%, to close at $17.20 per share on November 9, 2018.
If you are aware of any facts relating to this investigation, or purchased Motorcar Parts shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/mpaa. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com