Investor Deadline Alert: Glancy Prongay & Murray LLP Announces Lead Plaintiff Motion Deadline in Advance Auto Parts, Inc. Class Action Case

Investors who have purchased or otherwise acquired shares of Advance Auto Parts, Inc. AAP are being reminded of the critical deadline of December 8, 2023. Glancy Prongay & Murray LLP ('GPM') is calling attention to the date by which investors must file a lead plaintiff motion in the ongoing class action lawsuit against the automotive parts provider. The lawsuit pertains to alleged misrepresentations and omissions by the company that may have led to investment losses for shareholders.

Lawsuit Overview

The class action against AAP, an American company specializing in aftermarket automotive parts, focuses on the timeframe during which investors claim they were misled by the company’s practices. Based in Raleigh, North Carolina, Advance Auto Parts serves a broad customer base, including both professional installers and do-it-yourself enthusiasts. The proceedings aim to determine whether the company failed to disclose pertinent information that might have influenced the judgment of investors, consequently impacting the value of their shares in AAP.

Lead Plaintiff Deadline Approaching

GPM emphasizes the importance of the upcoming December 8, 2023 deadline. Investors who have sustained losses from their investment in AAP shares during the relevant period are encouraged to act promptly to protect their rights. Filing a lead plaintiff motion does not obligate the investor to serve as a lead plaintiff but allows them to intervene in the lawsuit for recovery of potential losses.

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