Kaskela Law LLC Announces Stockholder Investigation of Advance Auto Parts, Inc. (AAP) and Encourages Long-Term Investors to Contact the Firm

PHILADELPHIA, PA / ACCESSWIRE / April 15, 2020 / Kaskela Law LLC is investigating Advance Auto Parts, Inc. ("Advance" or the "Company") (NYSE:AAP) on behalf of the Company's stockholders.

In 2019, a shareholder complaint was filed in federal court on behalf of investors who purchased shares of the Company's stock between November 14, 2016 and August 15, 2017. Among other things, the complaint alleges that during that time period Advance and certain executive officers "propped up the Company's stock price by publishing guidance for 2017 … they knew to be unattainable, and which directly contradicted contemporaneous forecasts prepared for the business."

The investigation seeks to determine whether the members of Advance's board of directors breached their fiduciary duties to the Company and its stockholders in connection with the above alleged misconduct.

Advance stockholders who purchased shares of the Company's stock prior to November 14, 2016 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or by email at skaskela@kaskelalaw.com or online at http://kaskelalaw.com/case/advance-auto-parts-inc/, for additional information about this investigation and to discuss their legal rights and options.

Kaskela Law LLC prosecutes shareholder actions in state and federal courts throughout the country on behalf of investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:

D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com

SOURCE: Kaskela Law LLC

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