NEW YORK, NY / ACCESSWIRE / April 5, 2018 / Pawar Law Group reminds shareholders who purchased shares of Advance Auto Parts, Inc. (NYSE: AAP) from November 14, 2016 through August 15, 2017, inclusive (the "Class Period") of the important April 9, 2018 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for Advance Auto investors under the federal securities laws. To join the Advance Auto class action, go to http://pawarlawgroup.com/cases/advance-auto-parts-inc/ or call Vik Pawar, Esq. toll-free at 888-589-9804 or email vik@pawarlawgroup.com for information on the class action.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. You may also remain an absent class member and do nothing at this point. You may retain counsel of your choice.
According to the lawsuit, defendants during the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) integration issues surrounding Advance Auto's Carquest acquisition resulted in systemic inefficiencies and cannibalization of sales; (2) increased competition was negatively impacting sales; and (3) as a result, defendants' statements about Advance Auto's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 9, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/advance-auto-parts-inc/ or to discuss your rights or interests regarding this class action, please contact Vik Pawar, Esq. of Pawar Law Group toll-free at 888-589-9804 or via e-mail at vik@pawarlawgroup.com.
Pawar Law Group represents investors from around the world.
Contact:
Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (917) 261-2277
Fax: (212) 571-0938
info@pawarlawgroup.com
SOURCE: Pawar Law Group
