Press release
Investigation announced for Long-Term Investors in NYSE: AAP shares over possible Wrongdoing at Advance Auto Parts, Inc.

An investigation on behalf of investors in Advance Auto Parts, Inc. (NYSE: AAP) shares over potential wrongdoing.
Investors who purchased shares of Advance Auto Parts, Inc. (NYSE: AAP) 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 Advance Auto Parts, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
On May 31, 2023, Advance Auto Parts, Inc. announced its results for the first quarter of fiscal year 2023, including a net sales decrease of more than 1.6% compared to the prior year and an operating margin rate of 2.6%, "well below expectations due to higher than planned investments to narrow competitive price gaps in the professional sales channel as well as unfavorable product mix." Advance Auto Parts, Inc. also disclosed that it was slashing its full year 2023 guidance, which it had provided just three months earlier, given that it now "expect[s] the competitive dynamics . . . faced in the first quarter to continue." Advance Auto Parts, Inc. further revealed that it was cutting its quarterly dividend by 84% "to provide enhanced financial flexibility."
Shares of Advance Auto Parts, Inc. (NYSE: AAP) declined from $127.31 per share on May 10, 2023, to as low as $63.56 per share on June 09, 2023.
Those who purchased shares of Advance Auto Parts, Inc. (NYSE: AAP) 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.
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Investigation announced for Long-Term Investors in NYSE: AAP shares over possible Wrongdoing at Advance Auto Parts, Inc. here
News-ID: 3205932 • Views: …
More Releases from Shareholders Foundation
 
                                            
                                                    Lawsuit Alert: Investors who lost money with James Hardie Industries plc (NYSE:  …                                                
                                            
                                        
                                            An investor, who purchased shares of James Hardie Industries plc (NYSE: JHX), filed a lawsuit over alleged violations of Federal Securities Laws by James Hardie Industries plc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of James Hardie Industries plc (NYSE: JHX) have certain options and for certain investors are short and strict deadlines running. Deadline: December 23, 2025. NYSE: JHX investors should contact the Shareholders…  
                                        
                                     
                                            
                                                    Investigation announced for Long-Term Investors in SelectQuote, Inc. (NYSE: SLQT …                                                
                                            
                                        
                                            An investigation on behalf of current long-term investors in shares of SelectQuote, Inc. (NYSE: SLQT) concerning potential breaches of fiduciary duties by certain directors and officers of SelectQuote, Inc. was announced. 
Investors who are current long term investors in SelectQuote, Inc. (NYSE: SLQT) shares, 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 for current long term…  
                                        
                                     
                                            
                                                    Lawsuit filed for Investors who lost money with shares of MoonLake Immunotherape …                                                
                                            
                                        
                                            An investor, who purchased shares of MoonLake Immunotherapeutics (NASDAQ: MLTX), filed a lawsuit over alleged violations of Federal Securities Laws by MoonLake Immunotherapeutics in connection with certain allegedly false and misleading statements.
Investors who purchased a significant amount of shares of MoonLake Immunotherapeutics (NASDAQ: MLTX) between March 10, 2024 and September 29, 2025, have certain options and for certain investors are short and strict deadlines running. Deadline: December 15, 2025. NASDAQ:…  
                                        
                                     
                                            
                                                    Dow Inc. (NYSE: DOW) Investor Alert: Deadline in Lawsuit on October 28, 2025                                                
                                            
                                        
                                            A deadline is coming up on October 28, 2025 in the lawsuit filed for certain investors of Dow Inc. (NYSE: DOW) over alleged securities laws violations by Dow Inc. 
Investors who purchased shares of Dow Inc. (NYSE: DOW) have certain options and there are strict and short deadlines running. Deadline: October 28, 2025. Dow Inc. (NYSE: DOW) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 -…  
                                        
                                    More Releases for Advance
                                                    Global Cash Advance Service Market Size by Application, Type, and Geography: For …                                                
                                            
                                        
                                            According to Market Research Intellect, the global Cash Advance Service market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for cash advance services is expanding steadily due to rising demand for short-term, fast financial…  
                                        
                                    
                                                    Advance Solutions Corp. (ADVANCE) Welcomes Amit Kukreja as Country Head, APJ                                                
                                            
                                        
                                            Image: https://www.getnews.info/wp-content/uploads/2024/11/1730818200.jpeg
Amit Kukreja, Country Head for APJ at Advance Solutions Corp. (ADVANCE)
Seasoned Leader to Drive Digital Transformation and Growth Across Asia-Pacific and Japan Region
SINGAPORE - 5 November, 2024 - Advance Solutions Corp. (ADVANCE), a ServiceNow Elite partner and leader in digital transformation, announces the appointment of Amit Kukreja as Country Head for APJ, effective today.
With two decades of experience across Government, Healthcare, Telecom, and Finance sectors, Amit brings deep expertise…  
                                        
                                    
                                                    Cough Care Advance launches Cough Care Advance, an innovative, kid-friendly coug …                                                
                                            
                                        
                                            Cough Care Advance is introducing an innovative, kid-friendly cough remedy that provides safe, natural, and long-lasting relief.
Parents know how difficult it can be when children are battling a stubborn cough. Whether it's keeping them up at night or disrupting their day at school, finding an effective and gentle solution is a top priority. That's why Cough Care Advance is introducing an innovative, kid-friendly cough remedy that provides safe, natural, and…  
                                        
                                    
                                                    Advance Auto Parts, Inc. (NYSE: AAP) Investor Alert: Update in Lawsuit against A …                                                
                                            
                                        
                                            A lawsuit is pending for certain investors in shares of Advance Auto Parts, Inc. (NYSE: AAP) over alleged securities laws violations by Advance Auto Parts, Inc.
Investors who purchased shares of Advance Auto Parts, Inc. (NYSE: AAP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On February 06, 2018, a lawsuit was filed against Advance Auto Parts, Inc. (NYSE: AAP) over alleged violations…  
                                        
                                    
                                                    Hong Kong Releases Advance Pricing Guidelines; China Explores Advance Tax Ruling …                                                
                                            
                                        
                                            (Sunnyvale, CA) - Hong Kong’s Inland Revenue has released its long-awaited Advance Pricing Agreement guidelines, which will initially focus on negotiating bilateral and multilateral APAs specifically with jurisdictions with which Hong Kong has a Double Tax Agreement.
According to the Hong Kong APA guidelines, only resident and non-resident companies with a Permanent Establishment (PE) generating taxable income in Hong Kong can apply for an Advance pricing Agreement. Companies or PE’s which do…  
                                        
                                    
                                                    Diskeeper 2007 Asserts Technology Advance                                                
                                            
                                        
                                            EAST GRINSTEAD, England--Diskeeper Corporation Europe states that its number one selling product, Diskeeper 2007, can be regarded as one of the forerunners of native 64 bit operating system support. 
As an ever growing number of users complain about the 64 bit non-compatibility of their software, Diskeeper remains the most popular defragmentation tool on the market. Support for 64 bit systems has been available since Diskeeper 10, hence the company’s experience…