Advance Auto Parts store. Photo: Ken Wolter/Shutterstock.com In Del. Case, Shareholder Says Advance Auto Parts Executives Concealed Supply Failings
The complaint alleges the company's market capitalization value plummeted from a $13 billion high in December 2016 to $6.4 billion about eight months later.
August 17, 2020 at 02:47 PM
5 minute read
Advance Auto Parts executives and directors should be held responsible for poor financial performance and negative public perception it has faced in recent years, a shareholder is arguing in a Delaware Court of Chancery case.
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