According to the lawsuit, defendants made materially false and/or misleading statements that:

• misrepresented the efficacy of Advance Auto’s strategic pricing initiative and the impact of price reductions;
• omitted and/or concealed the negative impacts of the pricing initiative;
• provided investors with an overly optimistic perception of Advance Auto’s operations; and
• created the false impression that inflation and macroeconomic factors had an insubstantial impact on Advance Auto’s margins.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.