Shareholder Rights Advocates at Levi & Korsinsky Investigate Genuine Parts Company (GPC) Regarding Possible Securities Fraud Violations
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Levi & Korsinsky is investigating Genuine Parts Company (GPC) for potential securities fraud violations after the company reported disappointing Q3 2024 earnings and lowered its annual guidance.
December 31, 2024 | 12:45 pm
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Genuine Parts Company is under investigation by Levi & Korsinsky for potential securities fraud following a disappointing Q3 2024 earnings report and reduced annual guidance.
The investigation by Levi & Korsinsky into potential securities fraud is likely to negatively impact GPC's stock price in the short term. The company's poor Q3 earnings and lowered guidance have already set a negative tone, and the legal scrutiny could further erode investor confidence.
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