|Company name||Motorcar Parts of America, Inc.|
NEW YORK, December 11, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Motorcar Parts of America, Inc (NYSE: MPAA). Our investigation concerns whether Motorcar has violated the 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’s share price fell by more than 20%, closing at $17.20 per share on November 9, 2018.
If you purchased or otherwise acquired Motorcar shares and suffered a loss, have information, 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 Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.