LOS ANGELES–(BUSINESS WIRE)–$MPAA #CLASSACTION—Glancy
Prongay & Murray LLP (“GPM”) announces an investigation on
behalf of Motorcar Parts of America Inc. (“Motorcar Parts” or the
“Company”) (NASDAQ: MPAA)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
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’ share price fell $4.58, or 21%, to close at $17.20 on November 9,
2018, thereby injuring investors.
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If you purchased Motorcar Parts, have information or would like to learn
more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East,
Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at
888-773-9224, by email to firstname.lastname@example.org,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.