Motorcar Parts of America, Inc. (NASDAQ:MPAA) Shareholder Alert: Investigation Concerning Potential Wrongdoing

An investigation on behalf of investors in NASDAQ:MPAA shares over potential wrongdoing at Motorcar Parts of America was announced and NASDAQ:MPAA stockholders should contact the Shareholders Foundation

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San Diego, CA -- (SBWire) -- 03/21/2016 --An investigation for shareholders of Motorcar Parts of America, Inc. (NASDAQ:MPAA) was announced over potential breaches of fiduciary duties by certain officers and directors at Motorcar Parts of America, Inc.

Investors who purchased shares of Motorcar Parts of America, Inc. (NASDAQ:MPAA) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Motorcar Parts of America directors breached their fiduciary duties and caused damage to the company and its shareholders.

Motorcar Parts of America, Inc. reported that its Total Revenue rose from $258.67 million for the 12 months period that ended on March 31, 2014 to $301.71 million for the 12 months period that ended on March 31, 2015 while its Net Income for those respective time periods declined from $107.36 million to $11.45 million. Shares of Motorcar Parts of America, Inc. (NASDAQ:MPAA) reached as high as $40.06 per share in November 2015.

On March 17, 2016, NASDAQ:MPAA shares closed at $37.31 per share.

Those who purchased shares of Motorcar Parts of America, Inc. (NASDAQ:MPAA), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/673999