LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz (“FRC”) 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 breaches of fiduciary duty and/or violations of law.
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.
If you are a shareholder who suffered a loss, click here to participate.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you purchased Motorcar Parts securities, 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 Frank R. Cruz, of FRC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067, at 310-914-5007, by email to firstname.lastname@example.org, or visit our website at www.frankcruzlaw.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.