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Investigation announced for Investors in shares of Group 1 Automotive, Inc. (NYSE: GPI) over potential Wrongdoing

04-29-2023 04:23 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Group 1 Automotive, Inc. (NYSE: GPI) shares over potential wrongdoing.

An investigation on behalf of investors in Group 1 Automotive, Inc. (NYSE: GPI) shares over potential wrongdoing.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Group 1 Automotive, Inc.

Investors who purchased shares of Group 1 Automotive, Inc. (NYSE: GPI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Group 1 Automotive, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Houston, TX based Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. Group 1 Automotive, Inc. reported that its annual Total Revenue rose from over $13.48 billion in 2021 to over $16.22 billion in 2022 and that its Net Income increased from $552.1 million in 2021 to $751.5 million in 2022.

Shares of Group 1 Automotive, Inc. (NYSE: GPI) closed on April 28, 2023, closed at $224.48 per share.

Those who purchased shares of Group 1 Automotive, Inc. (NYSE: GPI) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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