The Law Firm of Arons & Arons, LLC has initiated an investigation of Advance Auto Parts, Inc. AAP ("Advance Auto") on behalf of the company's shareholders for possible violations of federal securities law.
Advance Auto investors who would like to discuss this investigation and their legal options should contact Arons & Arons, LLC (Jeffrey S. Arons, Esq.) at (973) 762-0795, (877) 512-7667 or email us at info@aronslaw.net. For more information please visit https://www.aronslaw.net/investigations.
On August 15, 2017, Advance Auto reported disappointing second quarter fiscal 2017 financial and operational results and disclosed that "[c]omparable store sales for the quarter were flat." Additionally, Advance Auto reduced its financial and operational guidance for fiscal 2017. Following this news, shares of the company's stock declined $22.24 per share, or over 20.3%, to close on August 15, 2017 at $87.08 per share.
If you are an investor in Advance Auto or have information pertaining to this investigation, you are encouraged to contact Arons & Arons, LLC (Jeffrey S. Arons, Esq.) at (973) 762-0795, (877) 512-7667 or email us at info@aronslaw.net. For updates and information please visit https://www.aronslaw.net/investigations.
Arons & Arons, LLC is a family oriented firm that provides representation for individuals, including investors who have been victimized by securities fraud. Our attorneys understand the financial and emotional trauma that securities fraud can cause, and we are relentless in our efforts to hold corporate wrongdoers accountable and obtain compensation for our clients. For over 30 years our attorneys have provided personal, accessible, and effective legal representation for our clients. www.aronslaw.net
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