An investigation on behalf of investors in Group 1 Automotive, Inc. (NYSE:GPI) shares over potential wrongdoing at Group 1 Automotive, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 05/03/2023 -- Certain directors of Group 1 Automotive, Inc. are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Group 1 Automotive, Inc. (NYSE: GPI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Group 1 Automotive, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Houston, TX based Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. Group 1 Automotive, Inc. reported that its annual Total Revenue rose from over $13.48 billion in 2021 to over $16.22 billion in 2022 and that its Net Income increased from $552.1 million in 2021 to $751.5 million in 2022.
Shares of Group 1 Automotive, Inc. (NYSE: GPI) closed on May 2, 2023, closed at $223.78 per share.
Those who purchased shares of Group 1 Automotive, Inc. (NYSE: GPI) 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
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.