Did Genuine Parts Company Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate- GPC
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Levi & Korsinsky has initiated an investigation into Genuine Parts Company (NYSE:GPC) for potential violations of federal securities laws. This follows GPC's disappointing 3Q 2024 earnings report and subsequent lowering of its annual guidance.
January 20, 2025 | 12:45 pm
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Genuine Parts Company is under investigation by Levi & Korsinsky for potential securities law violations after reporting lower-than-expected 3Q 2024 earnings and reducing its annual guidance.
The investigation by Levi & Korsinsky into Genuine Parts Company for potential securities law violations is likely to negatively impact investor sentiment. The company's poor 3Q 2024 earnings and lowered guidance further exacerbate concerns, potentially leading to a short-term decline in stock price.
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