An Investigation Has Commenced on Behalf of Genuine Parts Company Shareholders. Contact Levi & Korsinsky to Discuss your GPC Losses
Portfolio Pulse from
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 and reduced annual guidance.
January 30, 2025 | 12:45 pm
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NEGATIVE IMPACT
Genuine Parts Company is under investigation by Levi & Korsinsky for potential securities law violations after reporting disappointing 3Q 2024 earnings and lowering 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 reduced guidance have already set a negative tone, and the legal scrutiny could further pressure the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100