Copart, Inc. (NASDAQ: CPRT)
Hagens Berman Sobol Shapiro LLP alerts investors in Copart, Inc. (NASDAQ: CPRT) to the firm's investigation into possible disclosure violations.
If you purchased or otherwise acquired securities of CPRT between May 1, 2018 and September 27, 2018 and suffered losses contact Hagens Berman Sobol Shapiro LLP. For more infomation contact Reed Kathrein, who is leading the firm's investigation, by calling 510-725-3000 or emailing CPRT@hbsslaw.com.
On September 19, 2018, Copart and management reported disappointing Q4 2018 results and blamed the results in part on abnormal costs of $79.9 million incurred as a result of Hurricane Harvey.
This news drove the price of Copart shares down $8.59, or over 13%, to close at $55.58 that day.
“We’re focused on investors’ losses, whether the Harvey-related costs were incurred in prior quarters, whether these and other statements misled investors, and the timing of certain insider sales,” said Hagens Berman partner Reed Kathrein.
Hagens Berman purchases advertisements on search engines, social media sites and other websites. Transmission of the information contained or available through this website is not intended to create, and receipt does not constitute, an attorney-client relationship. If you seek legal advice or representation by Hagens Berman, you must first enter a formal agreement. All information contained in any transmission is confidential and Hagens Berman agrees to protect information against unauthorized use, publication or disclosure. This site is regulated by the Washington Rules of Professional Conduct.